Stand Up India Scheme was launched in 2016 for facilitating credit to SC/ST and Women entrepreneurs. What is the minimum amount of bank loan a beneficiary can avail under the Scheme?
Stand Up India: Launched in 2016 for facilitating credit to SC/ST and Women entrepreneurs The scheme covers all branches of Scheduled Commercial Banks. Bank loans between Rs.10 lakh and Rs. 1 crore to SC/ ST borrower and woman borrower for setting up a greenfield enterprise. The scheme provides financial assistance (funded /non-funded) for working capital, acquisition of fixed assets in manufacturing, services or retail sector. Loan may be secure by collateral security or at the guarantee of Credit Guarantee Fund for Stand-Up India Loans (BGFSIL) as decided by the banks. The scheme, which covers all branches of Scheduled Commercial Banks, can be accessed in three potential ways: • Directly at the branch • Through Stand-Up India Portal (www.standupmitra.in) • Through the Lead District Manager (LDM) Eligibility • SC/ST and/or woman entrepreneurs, above 18 years of age • In case of non-individual enterprises, 51% of the shareholding and controlling stake should be held by either SC/ST and/or Women Entrepreneur • Borrower should not be in default to any bank/financial institution • Minimum 10% of the project cost to be borne by the borrower
A distribution of 6 scores has a median of 21. If the highest score increases 3 points, the median will become
Mean and Standard deviation of 100 observation is 50 and 10 respectively. What will be the new mean and Standard deviation if each observation is multip...
Let the utility function of a consumer be given by U(x,y) = min {y+2x, x+2y}. Prices are given by Px=1, Py=3, while the consumer’s income is...
According to the Taylor principle, for inflation to be stable, the central bank must respond to an
increase in inflation wit...
If a tax on a good is doubled, the deadweight loss from the tax
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Which of the following statements is NOT CORRECT in the context of an Open Economy IS-LM Model under Floating Exchange Rate (with fixed price) and Perfe...
Which of the following statements is NOT correct in the context of quantity theory of money?
If factor cost is greater than Market price, then it means that:
Offer curve introduced by Alfred Marshall deals with :