RAMP is supported by which global institution?

• A. International Monetary Fund
• B. UNICEF
• C. World Bank
• D. World Economic Forum

Answer: (C)

The Union Cabinet has approved USD 808 million (INR 6,062.45 crore) for a new scheme 'Raising and Accelerating MSME Performance' (RAMP). The new scheme assisted by the World Bank is expected to commence in the financial year of 2022-23.