Finance Minster’s announcement of new fund ‘’ Ubharte Sitaare Fund’’ for MSMEs (Micro, Small and Medium Enterprises) is jointly set by:
The ''Ubharte Sitaare Fund'' has been set up by Exim Bank and SIDBI. The Ubharte Sitaare Programme (USP) identifies Indian companies that are future champions with good export potential. An identified company should have potential advantages by way of technology, product or process. It can be supported even if it is currently underperforming or may be unable to tap its latent potential to grow. The Programme diagnoses such challenges and provides support through a mix of structured support covering equity, debt and technical assistance. Objectives of the Fund: a) To enhance India’s competitiveness in select sectors through finance and extensive handholding support b) To identify and nurture companies having differentiated technology, products or processes, and enhance their export business; c) To assist units with export potential, which are unable to scale up their operations for want of finance; d) To identify and mitigate challenges faced by successful companies which hinder their exports; e) To assist existing exporters in widening their basket of products and target new markets through a strategic and structured export market development initiative.
Etymology
Fleet
Choose the correct synonym of the word highlighted in each sentence from the alternatives given below it.
There was a look ecstasy on his face....
This __________ is useless. You better throw it.
Cohesive
Very strange or unusual
Careful study that is done to find and report new knowledge about something
19. 1) falter 2) dawdle 3) Hesitate
4) Connive5) None of these
...Choose the option that is similar to the word given below
REVIVE
Relating to tasks normally performed by a servant