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Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q52: Under the revised Micro and Small Enterprises Cluster Development Programme (MSE-CDP) guidelines (applicable in 2026), which of the following statements regarding the Government of India (GoI) grant limits is INCORRECT?

A
The scheme supports the setting up of Common Facility Centers (CFCs).
B
The maximum eligible project cost considered for calculating the grant for a Common Facility Center (CFC) is Rupees 30 Crore.
C
The scheme supports Infrastructure Development (ID) projects like new Industrial Estates.
D
The GoI grant covers 100 percent of the project cost for all categories of clusters.
✅ Correct Answer: D
Option D is the incorrect statement.
The MSE-CDP scheme is a cost-sharing model, not 100 percent funding.
For Common Facility Centers (CFC), the GoI grant is generally 60 percent to 70 percent of the project cost, and the maximum eligible project cost for calculation is Rupees 30 Crore (projects exceeding this amount are considered, but the grant is capped based on the 30 Crore limit). For Infrastructure Development, the GoI grant is generally 60 percent of the cost, subject to a project cost ceiling of Rupees 15 Crore for new estates.
The remaining cost must be borne by the State Government or the Special Purpose Vehicle (SPV) of the MSMEs.