Question
What is the tenure of guarantee cover provided for
working capital facilities under the Credit Guarantee Scheme for Micro and Small Enterprises?Solution
The scheme distinguishes between term loans/composite credit and working capital facilities when it comes to guarantee tenure. For term loans, the guarantee cover is provided for the agreed duration of the loan. In contrast, for working capital facilities, the scheme provides guarantee cover for a period of 5 years or a block of 5 years. This structured time frame helps in managing the risk exposure for the Credit Guarantee Trust while ensuring reasonable duration for enterprise stabilization and operational continuity.
In today’s globalised environment, we have to see what needs to be bought, what needs to be developed and that needs to have transfer of te...
A sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark it as your answer. Mark (E) if the sent...
Did you knew that the radio is ranked number two in the list of ‘101’ Gadgets that changed the World according to History Channel?
1) Food is cheap and you find many restaurant in the business districts that cater to every kind of food connoisseur.
2) Italy can be very expen...
The following sentence has been divided into parts. One of them may contain an error. Select the part that contains the error from the given options.
- Given below is a sentence with an error. The error is in one part of the sentence. Below the sentence are given the options containing the parts of the sen...
You’ve got a whole week to yourself and you can read to your heart’s contents.
Below is given a sentence divided in parts. Read the sentence to find out whether there is any error in it. The error, if any, will be in one p...
Did you knew that the radio is ranked number two in the list of ‘101’ Gadgets that changed the World according to History Channel?
Billed as a family drama, (A)/ the film revolves around a mother (B)/ which toils to save money to build a road in a remote Himalayan village (C)/ to ta...
Relevant for Exams:
