Module: General Practice
Q74: The "Raising and Accelerating MSME Performance" (RAMP) scheme, which is operational until the financial year 2026-27, is primarily supported by which international financial institution?
✅ Correct Answer: B
RAMP is a Central Sector Scheme supported by the World Bank.
The scheme has a total outlay of approximately Rupees 6,062 crore (USD 808 Million). Out of this, USD 500 Million is a loan from the World Bank, and the remaining amount is funded by the Government of India.
The scheme is implemented over a five-year period ending in FY 2026-27.
RAMP acts as a "Policy Catalyst" focusing on strengthening institutions and Centre-State collaboration through Strategic Investment Plans (SIPs).
The scheme has a total outlay of approximately Rupees 6,062 crore (USD 808 Million). Out of this, USD 500 Million is a loan from the World Bank, and the remaining amount is funded by the Government of India.
The scheme is implemented over a five-year period ending in FY 2026-27.
RAMP acts as a "Policy Catalyst" focusing on strengthening institutions and Centre-State collaboration through Strategic Investment Plans (SIPs).