Question
How much percentage of the capital of MUDRA is
contributed by SIDBI?Solution
The Micro Units Development and Refinance Agency (MUDRA) is entirely funded by the Small Industries Development Bank of India (SIDBI), which contributes 100% of its capital. MUDRA was established to provide financial support to micro and small enterprises under the Pradhan Mantri MUDRA Yojana (PMMY). Key Points: 1. MUDRA supports small businesses by offering refinance services. 2. PMMY has three categories: Shishu, Kishor, and Tarun, based on loan amount. 3. Aims to promote entrepreneurship and self-employment. 4. SIDBI plays a crucial role in facilitating credit to MSMEs. 5. MUDRA loans are collateral-free, ensuring accessibility for small borrowers. Bee Facts: • 75% (a): Incorrect; SIDBI provides full funding. • 50% (b): Incorrect; not applicable to MUDRA. • 100% (c): Correct; SIDBI is the sole contributor. • 80% (d): Incorrect; not a valid figure.
Section 82 of the Negotiable Instrument Act, 1881 deals with _________.
In computing the period of limitation for an application to set aside an award, the time requisite for obtaining a copy of the award shall be __________?
A party can claim compensation for any loss or damage caused to him, by breach of contract, which____________________
What are the eligibility criteria for a person to be elected as the President of India?
Which of the following is correct about altering the boundaries of any State?
In case of a transfer of dwelling house by one of the co-owners____________________
According to the Prevention of Corruotion Act trial by Special Judges has to be concluded within a period of________________
Under the Bharatiya Nyaya Sanhita, 2023, theft is committed when a person:
What is the liability of co-surities bound in different sum as per the Contract Act?
What does Breach of Contract mean?
Relevant for Exams:
