Banking Awareness - Banking Acts, Reforms & Risk Management
The credit guarantee function of DICGC mainly supports:
The credit guarantee function of DICGC mainly supports:
medium Q6 of 15
Step-by-Step Solution
Step 1: Recall credit guarantee role
Credit guarantee reduces risk for banks.Step 2: Identify beneficiary segment
It encourages lending to small and priority sector borrowers.Final Answer:
Small borrowers and priority sector lending → Option CQuick Check:
Guarantee encourages banks to lend to weaker sections ✅
Quick Trick: Credit guarantee = support for priority sector.
Common Mistakes:
MISTAKES- Linking credit guarantee with large corporate lending.
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