Question
Which of the following is NOT true about
microfinance? i. Using SHG/JLG model loans of small amount of less than one lakh rupees are provided for income generating activities ii. These loans are mostly unsecured loans based on the guarantee of other group members iii. There is no cap on the interest rates an interest goes upto 35-40% per annumSolution
Interest rates in microfinance mostly range around 22-26%. The rate is arrived at by calculating their cost of funds plus a maximum 10% margin or the average base rate of the five largest commercial banks by assets multiplied by 2.75 times, whichever is lower.
Lee opened his new business on 1 January 2016. On that date, the only asset was a bank balance of $10,000.
During the year, Lee’d drawings...
According to CAPM (Capital Asset Pricing Model), what is the required rate of return for a stock with a beta of 0.7 when the risk-free rate is 5% and th...
Which fund do banks contribute to if they fail to meet PSL targets?
 In which of the following leadership style the leader has an inspirational and charismatic approach?
An approach that tries to match the output of manufacturing with market demand, in order to minimize inventories is called
A factory incurred the following expenditure during the year 2021. Calculate the cost of production from the following data.Â
If a firm has 100 in inventories, a current ratio equal to 1.2, and a quick ratio equal to 1.1, what is the firm's Net Working Capital?
In July 2024, which economic indicator was recorded as the lowest in the last 59 months?
Champion Ltd. define following data for calculating Current Ratio:
Current Assets Rs.20,00,000 ,
Inventories Rs.10,00,000 ,
Working Capital Rs.12, 00,000.
Budgets serve various purposes and take different forms depending on their scope and focus. The budget which usually takes the form of budgeted profit a...
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