Q1 · UPPSC current affairs · 7 October 2026 · News · SME Growth Fund Equity Capital Commitment

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English हिंदी

Consider the following statements regarding the SME Growth Fund:1.The Union Cabinet approved a ₹10,000-crore commitment specifically targeting working capital debt shortages for startups.2.The fund focuses on equity capital rather than requiring direct interest repayments.Which of the statements given above is/are correct?

A Both 1 and 2

B 1 only

C 2 only

D Neither 1 nor 2

Correct answer: (c) 2 only

Explanation

Statement 1 is incorrect because the SME Growth Fund addresses long-term equity capital shortages, not working capital debt. Statement 2 is correct as equity capital involves ownership shares and does not require direct interest repayment.

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2021 · Q84 · UPPGS
With reference to the special address of the President of India, which of the following statements is/are correct? 1. The President addresses the joint meeting of both Houses of Parliament at the commencement of the first session after each general election of the House of the People and at the commencement of the first session of each year. 2. The President in his address informs Parliament of the causes of its summons. Select the correct answer using the codes given below.
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