Question
The New Credit Assessment Model for MSMEs, launched by the
Union Finance Minister in Vishakhapatnam, aims to reduce reliance on which of the following?Solution
The New Credit Assessment Model for MSMEs, launched as part of Budget 2024-25, enables Public Sector Banks (PSBs) to conduct in-house MSME credit assessments, reducing dependence on external credit evaluations. It leverages digital footprints such as PAN authentication, GST data, and ITR verification.
The inter-regulatory body to strengthen the mechanism for maintaining financial stability and promoting financial sector development is _________
Who will chair the RBI’s 10-member ’Expert Committee on Benchmarking of its Statistics'?
Henri Fayol, a French industrialist, is now recognized as the Father of Modern Management. In 1916 Fayol wrote a book entitled “Industrial and General...
A company fails to accrue wages for March that will be paid in April. The company’s year-end balance sheet liabilities:
Which state received the highest Foreign Direct Investment (FDI) in Q1 FY25?
In January 2024, the RBI issued guidelines on the new RBI-Digital Payments Index (DPI). Which of the following parameters carries the highest weight in ...
What is the interest rate earned by banks for their contribution to RIDF and other funds if their PSL shortfall is 8% below the target?
A uses the Cash Budget Method to determine which of the following?Â
What is the key aspect of ethical decision-making in a professional setting?
From a machine that cost Rs.50,000 and has residual value of zero the following costs and revenues are expected to be derived over its life of 4 years:<...
