Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q71: Scenario: A traditional "Bamboo Craft" cluster in the North East Region (NER) has organized itself. The cluster consists of 600 artisans. They are applying for a "Major Cluster" project under the Revamped SFURTI Scheme.

What is the maximum financial assistance (Hard Intervention limit) they can expect from the Government?
A
₹1.00 Crore
B
₹2.50 Crore
C
₹5.00 Crore
D
₹8.00 Crore
✅ Correct Answer: C
Deep Context (SFURTI Guidelines):
The Scheme of Fund for Regeneration of Traditional Industries (SFURTI) categorizes clusters based on the number of artisans.
The funding limits for Hard/Soft interventions are:





Regular Cluster (up to 500 artisans): Maximum ₹2.50 Crore.




Major Cluster (more than 500 artisans): Maximum ₹5.00 Crore.
Note: While a "Heritage Cluster" category (1000-2500 artisans) exists with a higher cap, the standard "Major" cluster falls under the ₹5 Cr cap.
Application: Since the scenario specifies 600 artisans, it qualifies as a Major Cluster, making it eligible for the ₹5.00 Crore limit.
Why it matters: The SFURTI scheme specifically targets traditional industries (Khadi, Coir, Village industries) distinct from the general MSE-CDP.