Question
Under the Credit Guarantee Scheme for Micro and Small
Enterprises (CGTMSE), what is the guarantee cover tenure for working capital facilities?Solution
The Credit Guarantee Scheme makes a distinction between term loans/composite credit and working capital facilities. • For term loans, the guarantee cover is provided for the full agreed duration of the loan. • For working capital facilities, the guarantee cover is fixed at 5 years or in blocks of 5 years. This structured tenure helps balance risk exposure for the Credit Guarantee Trust and also provides adequate support for enterprises during their stabilization and growth phase.
Under the Indian Contract Act, a collateral contract that involves an illegal object but is signed voluntarily by both parties is later disputed.
Which challenge was posed by Over-the-Top (OTT) services to the traditional Indian telecom services?
Maximum number of partners allowed in a partnership firm is:
Which of the following statement is true?
Minimum number of directors required in a public company is:
The registered office clause of memorandum of association contains
An "Agreement to sell" becomes a "Sale" when:
The doctrine of 'Ultra Vires' is applicable to:
What will be the P/V ratio for the firm with the following sales and profit during last two years:
Under the Companies Act, 2013, which document defines the relationship between the company and its members?
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