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.
Income Tax is to be paid on which among the following, to the Income Tax Department?
In a negatively skewed distribution
 A tendency for managers to evaluate most of their employees as "average", is called? Â
Budgets serve various purposes and take different forms depending on their scope and focus. The budget which usually takes the form of budgeted profit a...
As per the Economic Survey 2023-24, what was the growth rate of India's real GDP in FY24 compared to its level in FY20?
What is the threshold f or mandatory onboarding in TReDS for buyers?
In which of the following cases can a NPS subscriber withdraw 100% amount without purchasing an annuity?
Which of the following is not a quantitative tool of money supply used by the RBI?Â
Auditor employed in the organisation have been paid 70000. This expense will belong to which among the following category?
The details related to the Red Herring prospectus is mentioned under which of the following section of the Companies Act 2013?
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