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The corpus of Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE) has been infused with a sum of Rs. 8,000 crore on 30.03.2023. CGTMSE has issued guidelines regarding reduction of annual guarantee fee for loans upto Rs. 1 crore from a peak rate of 2% per annum to as low as 0.37% per annum. This will reduce the overall cost of credit to the Micro & Small Enterprises to a great extent. The limit on ceiling for guarantees has been enhanced from Rs. 2 crore to Rs. 5 crore. For settlement of claims in respect of guarantees for loan outstanding upto Rs. 10 lakh, initiation of legal proceedings will no longer be required.
What does the term ‘chatuspathis’ and ‘tols’ refer to?
In which year did the East India Company abolish the diarchy system in Bengal?
Consider the following events with reference to the Indian history:
1. Battle of Wandiwash
2. Second Carnatic War
3. Treaty of Pari...
Which regiment did Mangal Pandey, a key figure in sparking the Indian Rebellion of 1857, serve in?
Which of the following statements is/are not correct with reference to Mundra Port:
Recently it completed...
The Jallianwala Bagh massacre took place in which year
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Consider the following statements with reference to the Policy of Doctrine of Lapse:
1. It gave power to the British to deal with the succession ...
Consider the following statements with reference to Indian National Congress' stand before and during World War -II:
1. Indian National Congress ...
A nationalist leader associated with the Indian National Congress since its inception who actively participated in the social and political advancement...
