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Start learning 50% faster. Sign in nowIt was launched on 29th June 2020. It is a part of Atmanirbhar Bharat Abhiyan. It is a centrally sponsored scheme. The share of expenditure under the PM FME scheme is as follows: 60:40 between the central government and state governments and UTS with the legislature 90:10 between central and North Eastern and Himalayan states 100 percent central assistance for UTs without legislatures. It will run for five years – 2020-21 to 2024-25. The central government will bear the expenditure for the first year irrespective of who incurs it; later will be adjusted in the ratio mentioned above; in the next four years.
As per the Nayak committee, what percentage of its annual projected turnover should a n MSME get as working capital from a bank?
According to RBI, which of the following is considered an “Officially Valid Document” (OVD) for KYC purposes?
When REs use Aadhaar for customer verification in offline mode, what is mandatory according to RBI guidelines?
In the context of wire transfers, who is defined as the “Beneficiary” according to RBI’s KYC guidelines?
What is the primary role of the Central KYC Records Registry (CKYCR)?
What are sweat equity shares?
Which of the following would not affect bank reconciliation?
Which document or act allows the RBI to issue specific KYC Directions to ensure public interest?
What is the maximum term loan sanction permitted for Aadhaar OTP-based e-KYC accounts?
What is a primary condition under RBI guidelines for REs when onboarding non-resident customers with limited KYC documentation?