Question
Which of the following correctly defines a Bridge
Loan?Solution
Bridge loan is a type of gap financing arrangement wherein the borrower can get access to short-term loans for meeting short-term liquidity requirements. It helps in bridging the gap between short-term cash requirements and long-term loans. It is typically prevalent in real estate and construction industry wherein a company may take a bridge loan till the long term funds are tied up for the project. These loans are normally extended for a period of 12 months at high rate of interest.
Which of the following Statements regarding the coverage of NFSA is not True.
I- 75% of the rural population are covered under NFSA
I...
Mission for Integrated Development of Horticulture (MIDH), cold storages are sanctioned by State & Central level committees. What is the eligible cold s...
Atal Pension Yojna is being administered by which of the following entity ?
Which of the following is NOT a core focus area of the "Cities as Growth Hubs" initiative within the 2024-25 Union Budget?
Which of the following Scheme is related to ensure open defecation free India -
SBM-U, SBM 2.0 was launched in 2021, committing to making all cities 'Garbage Free', while maintaining ODF status urban local bodies (ULB). 5% of outlay...
To strengthen compliance by supervised entities (SEs) RBI is putting a platform called PRISM. What does the “M” stand for in PRISM?
Which of the following is/are the Objective of Vibrant village program —
I. providing road connectivity to unc...
In the Budget 2022-23, how much has been allocated for promoting scientific organic farming in north-east states?
How does the National Curriculum Framework for School Education (NCF-SE) promote an interdisciplinary approach to education? –