Question
Under CGFMU, the amount in default over and above the
initial 3% borne by the lending institution is covered to what extent?Solution
Under CGFMU, the first 3% of loss is borne by the lender. For the remaining default amount, 75% is covered by the guarantee fund, encouraging wider adoption of collateral-free credit.
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There are two trains A and B. A start from point X at 6 AM towards point Y. Another train B starts at 7 AM from point X. If they meet at 8 AM and...
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A train can cross a pole in 42 seconds. While if the train increased its speed by 55% then time taken by it to cross 231 metres long platform is 42 seco...
A train travelling at the speed of 72 km/hr crosses another train, having 40 meters less length and travelling in opposite direction at the speed of 54 ...
A train 265 meter long running with the speed of 85 kmph crosses a bridge in 18 seconds then what is the length of bridge?
A train started from station P and preceded towards station Q at a speed of 84 km/h. 40 minutes later, another train started from station Q and preceded...
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