Question
Which entities are eligible to participate in the
MSE-SPICE scheme as Primary Lending Institutions (PLIs)?Solution
The MSE-SPICE scheme includes a broad range of financial institutions as eligible PLIs. These entities must sign a Memorandum of Understanding (MoU) with SIDBI to participate in the scheme, enabling them to provide financial assistance to MSEs adopting circular economy practices.
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The difference between the simple and compound interest compounded annually of a sum at 12% p.a. for 2 years is Rs. 180. Find the sum.
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