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The ECLGS provides for the Guaranteed Emergency Credit Line (GECL) facility. The GECL is a loan for which 100% guarantee is provided by the National Credit Guarantee Trustee Company (NCGTC) to Member Lending Institutions (MLIs) - banks, financial institutes and NBFCs. · The loans are extended in the form of additional working capital term loan facility in case of banks and additional term loan facility in case of NBFCs to eligible Micro, Small and Medium Enterprises (MSMEs)/business enterprises and interested Pradhan Mantri Mudra Yojana (PMMY) borrowers. · First-time borrowers and Non-Performing Asset (NPA) accounts cannot raise funds under the scheme. · The tenor of loans provided under the GECL facility is four years from the date of disbursement. A moratorium period of one year on the principal amount is provided. · Interest rates of banks and financial institutions have been capped at 9.25% per annum, while NBFCs can lend at a maximum of 14% per annum.
Nitric oxide pollution can lead to all of the following, except
Tungsten is used for the construction of filament in an electric bulb because of its
Match the Column I with Column II and select the correct answer using the codes given below:
Column I (Molecule) A. Proteins B. Carbohydrates C....
A circular plate, a cube and a sphere, all made up of same material and having the same mass, are heated to 300°C and left in a room. Which of them wil...
Galvanisation is the process of depositing a layer of ________ on iron.
Which of the following is a characteristic property of acids ?
Which of the following endocrine glands is located in the thoracic region in man?
Which acid is described as HOOCCOOH?
Marbles come under which category of rockes?
Which part of the human eye is responsible for focusing light?
