Question
With the launch of revamped credit guarantee scheme for
India’s micro and small enterprises that will come into effect April 1, 2023,the limit on ceiling for guarantees has also enhanced from Rs 2 crore to _______ as per the information provided by the Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE).Solution
 A revamped credit guarantee scheme for India’s micro and small enterprises will come into effect April 1, 2023, with the annual guarantee fee for loans up to Rs 1 crore getting reduced from the peak 2 per cent to 0.37 percent, reducing the overall cost of credit for small businesses.  The limit on ceiling for guarantees has also enhanced from Rs 2 crore to Rs 5 crore as per the information provided by the Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE).  Consequently, the corpus of Credit Guarantee Fund Trust for Micro & Small Enterprises has been infused with a sum of Rs 8,000 crore in March, 2023.    For settlement of claims in respect of guarantees for loan outstanding up to Rs 10 lakh, initiation of legal proceedings will no longer be required.
In the context of Part III of the Constitution, what does "the State" encompass?
Which of the following cases talks about right to education as a Fundamental Right?
Under the provisions related to reinsurance with Indian re-insurers, which of the following statements is most accurate?
Which of the following statements is correct?
Who among the following may conduct regular inspections and inspect workplaces under the Minimum Wages Act, 1948?
According to the Indian Evidence Act what is the number of witnesses required for the proof of any fact
What is the maximum penalty for selling sub-standard food under FSS Act?
What powers does the Supreme Court have concerning the enforcement of rights conferred by Part III of the Constitution?
A voluntarily burns a valuable security belonging to Z intending to cause wrongful loss to Z. A has committed
A agrees to buy from B a certain horse, it turns out that the horse was dead at the time of bargaining though neither party was aware of the fact.
Relevant for Exams:
