Question
Under the newly approved PM Vidyalaxmi scheme, what type
of loans are provided to students in Quality Higher Education Institutions (QHEIs)?Solution
The PM Vidyalaxmi scheme offers collateral-free and guarantor-free loans to support students in QHEIs, enabling meritorious students to pursue higher education without financial constraints, with a substantial credit guarantee to encourage bank lending.
An investment project costs ₹1,00,000 and is expected to generate cash inflows of ₹30,000 per year for 5 years. If the cost of capital is 10%, deter...
For calculation of House Rent Allowance under Section 10(13A), the salary is to be considered the following, EXCEPT:
Under CGTMSE, what is the applicable Annual Guarantee Fee (AGF) for loans between ₹5–₹8 crore?
Which of the following statements is INCORRECT regarding Priority Sector Lending (PSL)?
Which of the following cost are not excluded from the cost of inventories as per AS 2:
A company maintains average receivables of ₹5 lakh, inventory of ₹3 lakh, and payables of ₹2 lakh. If cost of goods sold is ₹60 lakh annually, c...
What is the minimum amount of unexpired risk reserve mandated by the Executive Committee of the General Insurance Council for Other Insurance?
Under which section of the Income Tax Act, 1961, can an individual claim a deduction for the payment of Medical/Health Insurance Premium?
A type of market where debt and stocks are traded and maturity period is more than a year is known as
Which of the following is/are involved in Financial Management?
1. The process of acquiring and efficiently utilising financial resources
...
