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● Statement 1 is correct: As per the definition of the Ministry of Commerce and Industry, a start up is an entity which has been incorporated within a decade or is in operation for less than 10 years. Such an entity has annual turnover of less than Rs. 100 crore in any financial year since its inception. ● Statement 2 is correct: Reserve Bank of India has included Startup in the ambit of the Priority Sector Lending. Under the Reserve Bank of India guidelines, loans of as much as ₹50 crore to startups, as defined by the commerce ministry, will be considered priority sector credit. ● Statement 3 is incorrect: The startups are eligible for tax holidays for a period of three financial years consecutively out of the 10 years since its inception.
Which combination of positions will tend to protect the owner from downside risk?
RBI and _____ has issued Standard Operating Procedure for Inter-Operable Regulatory Sandbox testing of innovative products falling within the regulatory...
Which of the following is not one of the objectives of Sustainable Development?
Investing cash flows most likely reflect changes in which of the balance sheets’ components?
Why did SEBI cancel the registration of Karvy Investor Services Ltd. (KISL) as a merchant banker?
Which bank was awarded the Best IT Risk Management by the Indian Banks' Association (IBA)?
Which of the following Statements about the Pradhan Mantri Jeevan Jyoti Bima Yojana is/are True?
I- It was launched in 2014.
II- It c...
Who is the new President of the European Investment Bank, taking office on January 1?
Sustainable Development Goals (SDGs) are an urgent call for action by all countries - developed and developing - in a global partnership. They recogniz...
During 2020-21 period, the corporate taxes are estimated to be around_______?