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

Q165: The Budget 2026-27 introduced the concept of "Corporate Mitras." Who are these "Corporate Mitras" and what is their primary function?

A
AI-powered chatbots on the GSTN portal to solve tax queries.
B
A cadre of accredited para-professionals (like CA/CS/CMA) certified to help MSMEs with compliance.
C
Relationship Managers in Public Sector Banks dedicated to Corporate Loans.
D
Foreign angel investors mentoring Indian startups.
✅ Correct Answer: B
"Corporate Mitras" are certified para-professionals assisting with compliance.
They are professionals trained by institutes like ICAI, ICSI, and ICMAI.
They will specifically operate in Tier-II and Tier-III cities.
Small businesses in smaller towns often struggle with the complex "Compliance Burden" (GST filings, MCA filings, etc.). These "Mitras" will provide standardized, affordable services to "formalize" these businesses, making them credit-ready for banks.