The ECLGS provides for the Guaranteed Emergency Credit Line (GECL) facility. The GECL is a loan for which 100% guarantee is provided by the National Credit Guarantee Trustee Company (NCGTC) to Member Lending Institutions (MLIs) - banks, financial institutes and NBFCs. · The loans are extended in the form of additional working capital term loan facility in case of banks and additional term loan facility in case of NBFCs to eligible Micro, Small and Medium Enterprises (MSMEs)/business enterprises and interested Pradhan Mantri Mudra Yojana (PMMY) borrowers. · First-time borrowers and Non-Performing Asset (NPA) accounts cannot raise funds under the scheme. · The tenor of loans provided under the GECL facility is four years from the date of disbursement. A moratorium period of one year on the principal amount is provided. · Interest rates of banks and financial institutions have been capped at 9.25% per annum, while NBFCs can lend at a maximum of 14% per annum.
If 35% of 40% of 7/5 of a number is 490, then what is 25% of 2/3 of that number?
Pankaj gives 15% of her salary to his wife, 5% of the remaining amount to his children and 20% of the remaining to his parents. If Pankaj is left with R...
In a ward member election, a candidates secure 67% of the votes and is elected by majority of 5100 votes. The total number of votes polled is?
The weight of two persons Vishwas and Vivek are in the ratio 5:7. If the weights are increased in such a way that Vivek’s weight is increased by 2...
A man invested all his current month income in starting of a new business in which he spends 30% in advertisement 15% of remaining in furniture 20% of r...
A scored 40% marks and failed by 40 marks whereas B scored 70% marks, which was 80 more than the passing marks of the examination. Find the total marks ...
In an election two candidates participated. 10% voters did not vote. 11(1/9)% votes declared invalid and the winner got 75% of the valid votes. If he wo...
There were two candidate in an election. 15% of the total voters did not cast their votes whereas 10% of the casting votes were declared invalid. If the...
135 sweets were distributed equally among children in such a way that the number of sweets received by each child is 60% of the total number of children...
A man spends 20% and 10% of his monthly salary on rent and transportation, respectively. Out of the remaining money, he spends 25% on food and 40% on en...
