Question
Under which category of PM Mudra the loans up to Rs
50,000 is given to the entrepreneurial activities to small business units?Solution
Pradhan Mantri Mudra Yojana was launched in April 2015 by the Prime Minister, the Mudra Yojana aims to enable Micro Finance Institutions (MFIs), Non-Banking financial institutions/Companies (NBFCs), Small Finance Banks, RBRs, Commercial Banks, Cooperative Banks, etc. to provide Low-Rate Loans to eligible entities. Loans are sanctioned in three categories ‘Shishu’ (covering loans up to Rs 50,000); ‘Kishore’ (covering loans from Rs 50,000 to Rs 5 lakh) and ‘Tarun’ (covering loans from Rs 5 lakh to Rs 10 lakh).
Specific questionnaires in insurance proposal forms are common for:Â
Why do insurers arrange for survey and inspection of the property before acceptance of a risk?Â
The coinsurance is specified by which of the following term?
The Vallarpadam Terminal, which is a container trans-shipment facility, was launched in February 2011. It is a part of which among the following ports?
Consider the following statement:
I. NCB is given to the insured and not to the insured vehicle.
II. On transfer of the vehicle, the ...
A policy that covers the cost of repairing or replacing damaged plant and machinery during construction or erection is:
Which of the below option best describes the process of insurance?Â
In which year, the Actuaries Act was passed by Indian government?
Which of the following is NOT a factor considered by insurers while determining premium rates for motor insurance?
Selling insurance through groups is called?