Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Hon’ble Prime Minister on April 8, 2015 for providing loans up to ……………………….lakh to the non-corporate, non-farm small/micro enterprises
Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Hon’ble Prime Minister on April 8, 2015 for providing loans up to 10 lakh to the non-corporate, non-farm small/micro enterprises. These loans are classified as MUDRA loans under PMMY. These loans are given by Commercial Banks, RRBs, Small Finance Banks, MFIs and NBFCs. Under the aegis of PMMY, MUDRA has created three products namely 'Shishu', 'Kishore' and 'Tarun' to signify the stage of growth / development and funding needs of the beneficiary micro unit / entrepreneur and also provide a reference point for the next phase of graduation / growth. The Union Budget presented by the Hon'ble Finance Minister Shri Arun Jaitley, for FY 2015-16, announced the formation of MUDRA Bank. Accordingly MUDRA was registered as a Company in March 2015 under the Companies Act 2013 and as a Non Banking Finance Institution with the RBI on 07 April 2015. MUDRA was launched by the Hon'ble Prime Minister Shri Narendra Modi on 08 April 2015 at a function held at Vigyan Bhawan, New Delhi.
Which of the following statements are not a part of the financial statements as per Companies Act?
As per Companies Act, a Prospectus is to be issued within _______ from the date of delivery of prospectus to the Registrar.
As per Section 26(9) of Companies Act 2013, what is the amount of fine in case the prospectus is issued in contravention of the section related to matte...
Which of the following Section deals with ‘Company to accept unpaid share capital, although not called up’?
Within how many days of incorporation should the first meeting of Board of Directors to be held according to Companies Act, 2013?
What is the maximum Managerial Remuneration that can be paid in case of Absence or Inadequacy of Profit?
The appointment of Directors is to be approved by company in ____
Which of the following does not form the part of a Negotiable Instrument as per Negotiable Instruments Act, 1881?
As per Companies Act, 2013, the balance in Securities Premium account can be used for the following purposes except _________