Question
Which of the following statements accurately describe
the Credit Assistance Program for Jan Aushadhi Kendras? 1. Dr. Mansukh Mandaviya is responsible for launching the program. 2. A partnership between SIDBI and PMBI is integral to this initiative. 3. Entrepreneurs can receive up to Rs. 4 lakhs in credit assistance for infrastructure.Solution
• Dr. Mansukh Mandaviya, Union Minister for Chemicals & Fertilizers and Health & Family Welfare inaugurated a credit assistance program for Jan Aushadhi Kendras. • In order to facilitate invoice-based financing to the entrepreneurs running the Jan Aushadhi Kendras and to also give them support for infrastructural establishment of retail medical outlets, Small dustries Development Bank of India (SIDBI) and Pharmaceuticals & Medical Devices Bureau of India (PMBI) have come together by signing 02 Memorandum of Understandings (MoUs). 1. After a successful completion of a pilot credit programme to provide working capital assistance to Jan Aushadhi Kendras it has been decided to go ahead to provide credit facility of working capital to around 11,000 existing and proposed 15,000 Jan Aushadhi Kendras. • SIDBI will offer the project loan for a credit limit up to Rs. 2 lakhs at a very competitive and affordable interest rate, which will work as a working capital and with easy recovery process. • The entire ecosystem will be working on a digital mode while ensuring ease of doing business. 2. The 2nd Memorandum of Understanding for project loan envisages funding of 80% of the project cost i.e. up to Rs. 4 lakhs again on a very lucrative interest rate and easy repayment conditions, which will facilitate expenses on Furniture & Fixtures, Computer, AC, Refrigerator etc. as a handholding support in initial phase of set up of Jan Aushadhi Kendra. Learn Along: About SIDBI Set up: 2nd April 1990                 CMD: Sivasubramanian Ramann           Headquarters: Lucknow
In the following sentences four words are given in bold. They may or may not be in the correct position in the sentence. You have to find out which tw...
- In the question given below, four words are given in bold. These four words may or may not be in their correct position. The sentence is then followed by o...
Choose the alternative which can replace the bold word without changing the meaning of the sentence.
The scientist was known for his perspicacious ob...A sentence is given with a phrase marked in bold. Choose the best replacement/s for the part in bold, as per the options given below, to make the senten...
- In the question given below, four words are given in bold. These four words may or may not be in their correct position. The sentence is then followed by o...
(i) The study, which providing (A) data from 2019 to 2023, highlights the urgent likely (B) for coordinated fire management and air quality interventio...
Their demands include the scrapping (A) of the labour codes, no privatisation (B) of any form, scrapping of the NMP, increased allocating (C) of wages u...
In the following question, a part of the sentence is bold. Below the sentence alternatives to the bold part are given at (A), (B), (C), and (D) which m...
In each of the following questions some words are highlighted in bold, and these words may or may not be in their proper place. You are required to arr...
- In each of the questions given below, four words are given in bold. These four words may or may not be in their correct position. The sentence is then foll...
