Question
The Ministry of Micro, Small and Medium Enterprises is
implementing the ‘International Cooperation Scheme’ under which financial assistance is provided to Micro, Small and Medium Enterprises (MSMEs) to promote export from them. With reference to the above scheme,consider the following statements- I.75 percent of the cost paid subject to a maximum of Rs. 40,000/- or actual, whichever is lower subject to quarterly reporting by Export Promotion Councils (EPCs) as per prescribed format. II.Maximum reimbursement in a financial year of Rs. 10,000/- or actual, whichever is lower subject to quarterly reporting by ECGC as per prescribed format. III.With respect to the fee paid on Testing & Quality Certification acquired by MSEs to Export Products,reimbursement allowed for a maximum of 3 certificates per financial year with a ceiling of Rs. 1.5 Lakh per MSE unit. Which of the following is/are correct?Solution
The Ministry of Micro, Small and Medium Enterprises is implementing the ‘International Cooperation Scheme’ under which financial assistance is provided to Micro, Small and Medium Enterprises (MSMEs) to promote export from them. The scheme covers all the districts of the country. Registration-cum-Membership Certificate (RCMC) charges/fee paid by the first-time exporter to related Export Promotion Councils-75 percent of the cost paid subject to a maximum of Rs. 20,000/- or actual, whichever is lower subject to quarterly reporting by EPCs as per prescribed format. Export Insurance Premium paid to Export Credit Guarantee Corporation (ECGC) under the ECGC’s Small Exporter Policy-Maximum reimbursement in a financial year of Rs. 10,000/- or actual, whichever is lower subject to quarterly reporting by ECGC as per prescribed format. Fee paid on Testing & Quality Certification acquired by MSEs to Export Products-75 percent of the testing and quality certification with a ceiling of Rs. 1.00 Lakh or actual, whichever is lower, subject to following conditions: Reimbursement allowed for a maximum of 3 certificates per financial year with a ceiling of Rs. 1.00 Lakh per MSE unit.Certificate, for which reimbursement claim is requested, should be attained within the same financial year.
Statements:
All Wrappers are Wafers.
Only a few Wafers are Celebrations.
No Celebration is Party.
Conclusions:
I. All...
Conclusions:
I. All Passages can be Streets
II. Some Footpaths are RoadsÂ
Statements:
Statements: All gates are lights.
No street is a gate.
All lights are houses.
Conclusions I. All gates are houses.
II. So...
Statements:
Only a few Careers are Visions.
Some Visions are not Missions.
Some Missions are not Ambitions.
Only a few Ambit...
Statements:
Only plateau is mountain
Only a few plateau is river
Few river is hill
Conclusions:
I. Some mountain are ...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
Statements:
All signals are mobile.
Some mobile are expensive.
All expensive are rare.
Conclusion:
I. Some expens...
Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc...
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
Statements: All cans are vessels.
Some vessels are jars.
All jars are containers.
Some container...
Relevant for Exams:
