Question
What is true about CGTSME?
Solution
Availability of bank loan without any collateral is a major requirement for boosting Entrepreneurship in India. Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) is operationalized by SIDBI and the Government of India.
A and B together started a business by investing their capital in the ratio of 10:11, respectively and total amount invested by them together is Rs. 252...
Anchal, Bhavana, and Chetna commenced a business with initial investments of Rs. 15000, Rs. 12000, and Rs. 18000, respectively. They agreed that 'p' % o...
βAβ and βBβ invested Rs. 4800 and Rs. 3200, respectively in a business, together. After 6 months, βAβ withdrew 35% of his initial investment...
- Neha and Nisha started a firm with investments of Rs. 7,200 and Rs. 10,800 respectively. Nisha withdrew her capital after a few months. The profit at year-...
βMβ starts a business with Rs. 2,500. After 4 months, βNβ joins by investing 40% of Mβs capital. If the total annual profit is Rs. 9,600, what...
A started a business with an investment of Rs.40000. After few months B joined him with an investment of Rs.45000. If at the end of the year, they share...
A, B and C enter into a partnership with a capital in which A’s contribution is Rs. 16,000. If out of a total profit of Rs. 1500, A gets Rs. 500 a...
Two partners A and B invested Rs 70,000 and Rs 50,000 respectively in a business. Both the partners distribute 75% of the profit equally and distribute ...
A and B started a business by investing Rs.5000 and Rs.9000 respectively. After 6 months A withdrew 50% of his investment. If at the end of the year, pr...
In a factory with 8750 workers, 44% are men, and the remaining are women. 60% of the men and 45% of the women work as managers, out of which only 160 me...