Question
U nder the Model Skill Loan scheme , what is the loan
amount limit for first-time employees with a government guarantee?Solution
The Model Skill Loan Scheme is a program launched by the Ministry of Skill Development & Entrepreneurship (MSDE) that aims to provide access to skilling courses without financial constraints. The scheme is intended to help people access high-end courses that may have high fees. In Budget 2024-25, under the Model Skill Loan Scheme, the maximum ticket size of individual loans eligible for credit guarantee cover has been increased to INR 7.50 lakhs from the earlier limit of INR 1.50 lakhs. Furthermore, NBFCs, Micro Finance Institutions, and Small Finance Banks will also be eligible to extend loans which will be backed by guarantee against default up to 75% of the loan disbursed.
What is the primary aim of the 'Prithvi' program approved by the Union Cabinet?
Who has been sworn as the President of Colombia?
Which of the following Indian Bollywood actors has received the Golden Visa by the UAE?
On 22nd October, 2022, the state’s chief minister Pinarayi Vijayan of Kerala has launched ‘Kunjapp’ to prevent ____________?
...Which Indian state is known as the 'Spice Garden of India'?
Match the following missiles with their specifications:
RBI has imposed ______ cr Monetary Penalty on the Spandana Sphoorty Financial due to its failure to adhere to the pricing of credit guidelines for NBFCs.
How many seats did the PAP win in the 2025 Singapore general elections?
____ state has started a self defence training program for girls?
Who has become the second youngest Indian to score a fifty in T20I cricket?
Relevant for Exams:
