Question
What is the full form of
CGTMSE?Solution
CGTMSE stands for Credit Guarantee Fund Trust for Micro and Small Enterprises. It was established by the Government of India and SIDBI to provide guarantee cover on collateral-free loans extended to MSEs by banks and NBFCs. This scheme plays a vital role in promoting entrepreneurship by reducing the credit risk faced by lenders.
Which of the following is an example of an adjusting event as per AS 4?Â
UPI stands for ________.
ABC Ltd., a manufacturing company, undertook a series of transactions during the financial year 2024–25. It purchased a new plant worth ₹1,000 lakh ...
Which section of the Income Tax Act defines the term Assessee?
A company has ₹10,00,000 10% Redeemable Preference Shares. These are redeemed at 10% premium out of fresh equity issue of ₹6,00,000 and balance from...
Which of the following statements are not true regarding the issuance of a Bank Guarantee (BG)?
A. All bank guarantees have an expiry period and ...
Which body in India is responsible for issuing auditing standards?
Under Section 8OU, total deduction to be allowed in case of an individual having severe disability is ________.
Which of the following ratios measures a company's profitability?
The cost that is concerned with the determination of the cost of each activity rather than the process is called:
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