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The Ministry of MSME announced the signing of a Memorandum of Association between Udyam and Credit Guarantee Fund Trust for Micro and Small Enterprises to share data of the registered enterprises on Udyam with the government’s collateral-free loan scheme for micro and small enterprises (MSEs).This collaboration is sought to enable more MSMEs to avail the benefits under the Credit Guarantee Scheme for Micro and Small Enterprises (CGTMSE). Both platforms will share the data with each other using API (Application Programming Interface) integration, which is a connection between two or more applications that allow systems to exchange data sources. This will allow the CGT Fund access to the data of MSEs availing the CGT scheme facility across the enterprise and social categories.
Which of the following best describes the role of the National Asset Reconstruction Company Ltd (NARCL) in the Indian banking sector?
When was the RAMP Scheme commenced?
Which of the following is/are the basic component(s) of financial risk?
What is the minimum average maturity period of ECBs as per the ECB Framework of 2019?
Which of the following describes credit risk?
The Risk of prepayments of loans and bonds and or premature withdrawal of deposits is called ________
Sale of a security that is not owned by the seller is called?
HDFC Bank is a systemically important Bank. As such, it has to maintain additional Common Equity Tier 1 of ________ as a percentage of its Risk-Weighted...
Banks are mandated not to accept collateral security for MSE sector loans up to what amount?
According to the Union Budget 2023-24, consider the following statements.
1. National Green Hydrogen Mission, with an outlay of 19,700 crores