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Funded loans - When bank provides credit facility with funds (real cash), it is called funded loan. For example, •A term loan is a monetary loan that is repaid in regular payments over a set period of time. •A demand loan is a borrowing where the lender is allowed to recall the loan on short notice. An example of a demand loan is an overdraft facility. •Here, though the bank does not call for the borrower to repay, but the borrower can pay in full without any early repayment penalty. Un-Funded Loans Un-funded or non-funded loans are like guarantees and documentary credits, where bank does not give any cash but take risks of the companies and charge commission for the same. Eg. Letter of Credit, Tender bonds, Bills Purchased – refers to demand bills and cheques, Bills Discounted
________ is an online portal which was launched on 26-09-2017 to ensure effective implementation of Provisions of Child and Adolescent Labour (Prohibiti...
Which of the following Statements about the PM Gati Shakti Scheme is/are True?
I- It will include all the existing and planned initiatives of var...
Recently the International Dairy Federation World Dairy Summit 2022 has been inaugurated in ____________.
Which of the following components is not included under the PMKSY scheme?
Which of the following items are considered as One-District One-Product (ODOP) under PM FME Scheme?
(I)- Perishable agri-produce
(II)- Cer...
In the Budget 2022-23, how much has been allocated for promoting scientific organic farming in north-east states?
Which of the following is not a commodity board under the Ministry of Commerce?
Which of the following statements is/are true with respect to the objectives of Amrit Dharohar Scheme?
I. Implem...
With reference to MSME sector, consider the following statements:
I. MSME sector in India accounts for most of the employment generation in the e...
Recently Pradhan Mantri Suraksha Bima Yojana (PMSBY) had increased the premium from Rs.12 to____ ?
