In line with the Digital India vision, PM SVANidhi has also provided a platform for financial inclusion by facilitating the street vendors to carry out digital transactions.Street vendors have recorded 37.70 crore digital transactions to the tune of more than Rs. 45,000 crore. PM SVANidhi -Ministry of Housing & Urban Affairs launched a scheme PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) to empower Street Vendors by not only extending loans to them, but also for their holistic development and economic upliftment. To provide handholding support to street vendors, Ministry of Housing and Urban Affairs (MoHUA) launched PM SVANidhi a micro credit scheme, facilitating a working capital collateral free loan of ₹10,000, with subsequent loans of ₹20,000 and ₹50,000 with 7% interest subsidy.
Risk associated with a portfolio is always less than the weighted average of risks of individual items in the portfolio due to _______
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Which of the following is not a qualitative characteristic of accounting information?
The concept of "employee empowerment" is a central tenet of HRD philosophy. It involves delegating authority and responsibility to employees, enabling t...
The risk that loss may arise on account of trading in SLR and other securities by a bank is classified as ______
What is the minimum investment required for an investor to participate in an Angel Fund under Category I AIF?
Employees who are ________motivated tend to work at higher levels of productivity and strive to develop professionally.
The Reserve Bank of India (RBI) has announced that the Unified Payments Interface (UPI) payment limit for hospitals and educational institutions would b...
Which of the following committee oversees the credit/counterparty risk and country risk in a bank?
According to the RBI guidelines, what should be clearly spelt out at the time of financial closure of a project financed by an NBFC?
Which type of reserves are not to be included for the calculation of Capital for Capital adequacy norms?
