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In 2010, the Reserve Bank of India (RBI) has increased the limit for collateral-free loans to Micro and Small Enterprises (MSEs) from ₹5 lakh to ₹10 lakh. This decision aligns with the recommendations of an RBI-constituted working group led by Executive Director V.K. Sharma. Banks are now mandated not to accept collateral security for loans up to ₹10 lakh extended to MSE units.
Who is credited with introducing Local Self Government in India?
Changu dance is a famous folk dance of which of the following states?
Which of the following substances is referred to as White Vitriol?
Which statement is correct about “ INS Vikramaditya”
a.It is a modified Kiev-class aircraft carrier which entered into service with the Ind...
Consider the following statements:
1. Capital Adequacy Ratio (CAR) is the amount that banks have to maintain in the form of their own funds to ...
Which of the following statements is/are correct?
1. International Court of Justice (ICJ) was established by the Charter of the United Nati...
In which country will the largest statue of Dr. BR Ambedkar be unveiled outside India?
Who among the following was inspired by the ideals of the French Revolution?
In the RBI’s circular on hedging foreign exchange risk, what is the maximum notional amount for derivative contracts involving INR without requiring u...
Which statement is correct about “Namami Gange Programme”
a. It is operated under Ministry of Jal Shakti
b. It seeks to accomplish t...