Question
Which of the following are considered primary securit y
in the context of CGTMSE? i. Assets created out of the credit facility ii. Unencumbered fixed assets like l an d, building , factory , associated with the project of the borrowing unit iii. Proprietors’ personal guarantee iv. Personal guarantee of spouse of proprietorSolution
Primary security is the asset created out of the credit facility extended to the borrower and / or which are directly associated with the business / project of the borrower for which the credit facility has been extended. Example: Land, Plant & Machinery or any other business property in the name of a proprietor or unit, if unencumbered, can be taken as primary security. The personal guarantee is also a primary security in following cases:
- I n case the constitution of the borrower is proprietary or partnership, the personal guarantee of proprietor/ partner is treated as primary security .
- Personal guarantee of directors, where borrower constitution is a company is treated as primary security .
Which of the following bonds are financial instruments that generate proceeds for investment in environmentally sustainable and climate-suitable projects?
As per the Large exposure framework, banks can have a maximum exposure up to 20% of ______, to a single borrower.
Which of the following best describes a general rise in the prices?
Consider the following statements:
1. The World Investment Report is released by the World Economic Forum.
2. India is th...
_____________ are known as the stipulation collateral to the main purpose of the contract.
Calculate the Current ratio based on above information?
A bank borrows Rs.50 crore from call money market on a daily basis. It invests in 5-year Government of India bonds with YTM of 7.10% having market value...
Imputed cost is _______
Who introduced the concept of 'Accredited Investors' in the Indian securities markets?
Which fintech company received RBI’s authorization to act as a payment aggregator in August 2024?
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