Question
Recently central government had announced to provide
collateral-free loans to which among the following under Credit Guarantee Scheme (CGSS)?Solution
The Department for Promotion of Industry and Internal Trade (DPIIT) notified the establishment of the Credit Guarantee Scheme for Start-ups (CGSS). It would provide collateral-free debt funding up to Rs 10 crore for start-ups extended by commercial banks, non-banking financial companies (NBFCs) and Securities and Exchange Board of India (SEBI)-registered alternative investment funds (AIFs). The credit guarantee cover under the scheme would be both transaction-based (for single eligible borrowers) and umbrella-based (for a group of eligible borrowers). The extent of transaction-based cover will be 80 per cent of the credit facility up to Rs 3 crore, 75 per cent of the credit facility between Rs 3 and 5 crore, and 65 per cent of the credit facility between Rs 5 and 10 crore.
For the Poverty Alleviation Programme in India, which one is not a valid reason?
Which state has the maximum percentage of Jain population as per 2011 census?
A minimum rate of remuneration which shall be applied to an employee working on piece work for the purpose of securing to such employees a minimum rate...
Which of the following is the correct formula for moment of inertia?
Planet that rotates clockwise:
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______ is the world's second largest and second most populous continent as per UN World Population Prospects 2019.
By which of the following constitutional amendments were the fundamental duties included in the Indian Constitution?
As per calculations done in 2011-2012, the poverty line for a person of rural India got fixed at ____ per month.
Who among the following inaugurated the Dredging Museum ‘Nikarshan Sadan’ at Vishakhapatnam in February 2022?Â