Question
Consider the following Statements and choose the option
with wrong Statement(s). I- PM SVANidhi is a Centrally Sponsored Scheme. II- It was launched in 2020. III- Beneficiaries are also eligible for the second tranche of loan up to 20,000 with 18 months tenure after timely repayment of the first trancheSolution
PM Street Vendor's Atmanirbhar Nidhi Scheme (PM SVANidhi): This is a Central Sector Scheme launched on 1 June 2020, to empower street vendors by extending working capital loans of up to 10,000 with a one-year tenure and free onboarding of beneficiaries on digital payment platforms. Beneficiaries are also eligible for the second tranche of loan up to 20,000 with 18 months tenure after timely repayment of the first tranche.
Which of the following is true about Neo banking in India?
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Statement 1: Neo banks are digital-only banks that operate exclusively ...
What new regulatory framework did SEBI introduce to redefine market capitalization computation for listed companies?
Which committee's recommendations form the basis of the modern Working Capital Assessment under the turnover method in India?
Under which of the following type of guarantees, the banker guarantees payment of installments spread over a period?
Which country is projected to have the highest per-capita income growth in the world at 5.4 per cent per annum during 2024-33, according to a report by ...
Which of the following is NOT a benefit of career development and management systems for managers?
As per the RBI’s updated directions, what is the maximum permissible tenor for Non-Convertible Debentures (NCDs) issued by eligible participants?
What does the abbreviation "AIS" stand for in the context of Indian Income Tax?
Which of the following best describes a "bulge bracket" investment bank?
Who among the following can issue Certificate of Deposits to raise short term resources?
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