Question
The Credit Guarantee Fund Trust for Micro and Small
Enterprises (CGTMSE) has been set up by the Government of India, with which of the following?Solution
The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) is a trust launched by the Ministry of Micro, Small and Medium Enterprises, Government of India , and the Small Industries Development Bank of India (SIDBI). Launched on 30 August 2000 , the primary objective of the CGTMSE scheme is to give credit guarantee to financial institutions that provide loans to SMEs and MSMEs. CGTMSE aims to encourage entrepreneurs to take collateral-free loans for starting businesses without the fear of defaulting. The trust fund will reimburse the lending institution up to a certain limit, in case the borrower defaults. The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) is a trust launched by the Ministry of Micro, Small and Medium Enterprises, Government of India , and the Small Industries Development Bank of India (SIDBI). Launched on 30 August 2000 , the primary objective of the CGTMSE scheme is to give credit guarantee to financial institutions that provide loans to SMEs and MSMEs. CGTMSE aims to encourage entrepreneurs to take collateral-free loans for starting businesses without the fear of defaulting. The trust fund will reimburse the lending institution up to a certain limit, in case the borrower defaults.
S allocated 40% of his monthly income for food, followed by 60% of the remaining amount for entertainment, 75% of the remaining for shopping, and the re...
Rihan spends 40% of his salary, which is Rs. 1200 more than the amount he would spend if he spent 30% of his salary. What is the total salary of Rihan?
A person sells each package of snacks for Rs. 10 each. On Monday, he sold 100 packages which was 25 more than that on Tuesday but 10 less than that on W...
Pokemon's expenditure exceeds his savings by 40%. He allocates 30% of his total expenditure towards rent, which amounts to Rs. 2100. Calculate Pokemon's...
If the length of a rectangle is increased by 10% and the area is unchanged , then its corresponding breadth must be decreased by?
...A company allowed 16% commission on the total sales made by the salesman and a bonus of 1% on the sales over Rs.25000. If the salesman deposited Rs. 66...
The income of a person is Rs.15000 and his expenditure is Rs.12000. In the next year his income and expenditure is increased by 8% and 13% respectively....
Three friends namely Ram, Laxman and Bharat went out for lunch. They divided the entire bill among themselves such that the amount paid by Ram and Laxma...
Arvind spends 30% of his salary on travelling and 25 % on car fuel. If he spends 10% of his remaining salary on food and saves the rest, then What will ...
Out of his monthly salary a person spend x% on rent, (x+10)% on EMI and 36% of the rest on transport and 32% of the monthly salary is saved. Find the ...
Relevant for Exams:
