Question
Which of the following entity facilitates the guarantee
under the Emergency Credit Line Guarantee Scheme (ECLGS)?Solution
The Union Cabinet approved the Emergency Credit Line Guarantee Scheme in May 2020 and allowed additional funding of up to Rs.3 lakh crores to different sectors, especially Micro, Small, and Medium Enterprises (MSME) and MUDRA borrowers. As per this scheme, 100% guarantee coverage is to be provided by National Credit Guarantee Trustee Company Limited (NCGTC) to the Member Lending Institutions (MLI), Banks, Financial Institutions, and Non-Banking Financial Companies (NBFC)
Exercise Varuna is a collaborative naval exercise between India and which country?
Which of the following bank and Bharti Airtel Limited has started the joint venture name “Airtel Payment Bank
What is the first ATM in India installed by a bank?
Which country recently became the newest member of the European Union?
Which financial regulator imposed a penalty of Rs 31.8 lakh on BNP Paribas?
Where does the Krishna River originate?
Which automobile company became the first in India to launch BS 6 compliant cars?
During the Santhal rebellion, who led an army of 1,000 women?
Recently Election Commission has disqualified 20 MLAs who belong to the legislative assembly of:
What is the unemployment rate in rural areas as per the Periodic Labour Force Survey (PLFS) 202324?
