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Which of the following sector of MSMEs will primarily benefit from the NBFC Growth Accelerator Program (NGAP)?

Daily Quiz on Current Affairs by Gkseries – 13 June 2023

(a) Tier one cities
(b) Tier two and tier three cities
(c) Rural areas
(d) Large-scale enterprises

Ans.(b)
Sol. NGAP aims to support smaller NBFCs that primarily lend to micro and small businesses in tier two and tier three cities.

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