Question
As per RBI guidelines, banks may provide a composite
loan to Micro and Small Enterprise (MSE) entrepreneurs through a single window covering both working capital and term loan needs. What is the maximum limit for such a loan?Solution
A composite loan facility enables MSE entrepreneurs to access both working capital requirements and term loan needs through a single sanction, simplifying the lending process and reducing procedural delays. • The Reserve Bank of India (RBI) has allowed banks to extend composite loans up to ₹1 crore under this facility. • This provision ensures that small enterprises can avail credit for both day-to-day operations and fixed asset creation without approaching banks separately for different categories of loans.  Correct Answer: ₹1 crore (Option 2)
Select the most appropriate meaning of the given idiom.
snug as a bug in a rug
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At loggerheads
Fill in the blank given below using the correct idiom.
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In each question, four alternatives are given for the Idiom / Phrase highlighted in the sentence. Choose the alternative which best expresses the meani...
In the given question, four alternatives are given for the Idiom/ Phrase given in bold in the sentence. Choose the alternative which best expresses the ...
An idiom is used in three sentences. You need to choose the right option that covers the correct usage amongst these three sentences.
PAY LIP ...
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