Question
What is the annual income threshold for households to
qualify for collateral-free loans treated as microfinance loans?Solution
All collateral-free loans to individual/s belonging to low-income households, i.e., households having annual income up to ₹3,00,000 are treated as microfinance loans.
Asset Reconstruction Companies (ARCs) in India operate under which of the following Acts?
Which day is observed as Army Day in India to mark the day when Field Marshal K.M. Cariappa took over as the first Indian Commander-in-Chief?
Which of these is included under the IUCM (Integrated Urban Climate Mitigation) initiative?
In which year was the Doppler effect discovered by Austrian scientist Christian Doppler, that describes the change in frequency of any kind of sound or...
Consider the following statement about "New Education for New India" campaign:
1. President of India launched this program in March 2023
2...
Bhutia dance is performed in which of the following states?
What is the new minimum capital requirement set by the Insurance Regulatory and Development Authority of India (IRDAI) for foreign reinsurance branches ...
Who was awarded the Best Actor Award at the 69th National Film Awards?
By which of the following Acts did the British, for the first time, introduce the system of indirect election in India?
Until which year is the National Quantum Mission (NQM) being implemented, as approved by the Union Cabinet?
