Start learning 50% faster. Sign in now
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.
A manufacturing company is considering expanding its production capacity by acquiring new machinery. The company is exploring the option of leasing the ...
Which of the following will be the features of Zero Risk?
I. It does not have any uncert...
Which of the following instruments do not contain Zero Risk?
Compared to investing in a single security, diversification provides investors a way to:
What is the difference between a non-performing asset (NPA) and a stressed asset in India?
Which of the following is typically excluded from the calculation of the firm’s working capital needs when using the Operating Cycle method?
Under the proposed framework for adoption of an expected loss-based approach for provisioning by banks in India, which of the following is NOT a key req...
A setup in which group of individuals or entities decides to pool resources towards fulfilling a debt or financing a single borrower wherein the setup i...
Which of the following is not a major gold trading center?
Which of the following statements is/are true about the Bombay Stock Exchange (BSE)?
1)It is the oldest stock exchange in Asia.
2)It was e...