With the launch of revamped credit guarantee scheme for India’s micro and small enterprises that will come into effect April 1, 2023,the limit on ceiling for guarantees has also enhanced from Rs 2 crore to _______ as per the information provided by the Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE).
A revamped credit guarantee scheme for India’s micro and small enterprises will come into effect April 1, 2023, with the annual guarantee fee for loans up to Rs 1 crore getting reduced from the peak 2 per cent to 0.37 percent, reducing the overall cost of credit for small businesses. The limit on ceiling for guarantees has also enhanced from Rs 2 crore to Rs 5 crore as per the information provided by the Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE). Consequently, the corpus of Credit Guarantee Fund Trust for Micro & Small Enterprises has been infused with a sum of Rs 8,000 crore in March, 2023. For settlement of claims in respect of guarantees for loan outstanding up to Rs 10 lakh, initiation of legal proceedings will no longer be required.
A man donated 10%, 16% and 28% of his income to three NGOs ‘A’, ‘B’ and ‘C’, respectively. They spent 75%, 80% and 50% of respective sums re...
Suyash have total amount of Rs.2100 out of which, he spent 15% on food, 40% of the rest on travelling. Out of remaining amount he spends Rs.400 on misce...
A school's enrollment of students increased by 10% in 2015, another 20% in 2016, and then decreased by 30% in 2017. If the percentage of students receiv...
The monthly income of a person is Rs.25000 from which he spends 20% on rent, 10% of remaining on food and 20% of remaining on clothing. The remaining a...
The number of boys and girls in a school is 120 and 200 respectively. 25% of boys left the school while 40 girls took admission in the school. Find the ...
Monthly savings of ‘A’ is Rs. 1600 more than his monthly expenditure and his total monthly income is Rs. 4800. If his monthly income is increased by...
In a given years, A sold 1200 caps while B sold 20% more number of caps than A and C sold 10% less number of caps than B. Find the ratio between the num...
Two numbers are less than a third number by 40% and 46% respectively. Find the percent by which the second number is less than the first.
A spent 25% of his monthly income on study and 60% of the remaining on rent. If amount spent on rent is Rs. 945, then find the amount spent on study
In the year 2014, the population of a village P was 20% more than the population of village R.In the year 2015, after increasing by 40%, total populatio...