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Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q90: The government has specific schemes to support Women Entrepreneurs. Which of the following statements regarding these initiatives is INCORRECT?

A
The "Mahila Coir Yojana" provides subsidized training and machinery specifically to women artisans in the coir industry.
B
Under the Stand-Up India Scheme, bank loans between Rupees 10 Lakhs and Rupees 1 Crore are facilitated for at least one woman borrower per bank branch.
C
The TREAD scheme creates a government monopoly where women entrepreneurs are legally restricted to sell their products only to the state.
D
The Public Procurement Policy mandates that Central Ministries must procure at least 3 percent of their annual purchases from women-owned MSEs.
✅ Correct Answer: C
Correct Option: C (This statement is False). Concept: Gender Development Schemes.
Reasoning: The Error in C: The TREAD (Trade Related Entrepreneurship Assistance and Development) scheme focuses on economic empowerment through credit and training.
It absolutely does not restrict women to sell only to the government.
They are free to sell in the open market (Export/Domestic). Fact Check: Stand-Up India (B): Correct.
It mandates loans for Greenfield projects to Women and SC/ST entrepreneurs.
Procurement (D): Correct.
The 3 percent sub-target is mandatory for Central Public Sector Enterprises (CPSEs).