Interest Equalisation scheme Flashcards by Nikhil M

Q

What is Interest Equalisation scheme ?

A

It is related to Pre and post shipment rupee export credit for MSME exporters

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Q

Who is implementing this scheme ?

A

RBI

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Q

How much subvention does MSME get and how much does Manufacturers get ?

A

MSME – 3%
Manufacturers – 2%

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