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The National Board for Micro, Small, and Medium Enterprises (NBMSME) , established under the MSME Development Act, 2006 , plays a crucial role in formulating policies, evaluating government schemes, and making recommendations to improve the growth and development of MSMEs. It is not directly responsible for registration processes (which is handled by Udyam) or for managing operations at the Ministry level, but rather serves as an advisory and monitoring body. The Board, under the general guidance of the Central Government, will carry out the following functions: · assess factors affecting the growth of micro, small, and medium enterprises, reviewing Government policies and programs to enhance their competitiveness and growth, and analyzing their impact. · make recommendations on the above issues and any other matter referred by the Central Government aimed at enhancing the competitiveness and growth of these enterprises. · advise the Central Government on the utilization of the Fund or Funds established under section 12 of the Act
The Reserve Bank has released a booklet that aims to enhance public awareness about various types of financial frauds perpetrated on gullible customers...
Which of the following Statements is/are True?
I- PCA is a framework under which banks with weak financial metrics are put under watch by the RBI...
……………………………………………. allows the RBI to absorb liquidity (deposit) from commercial banks without giving government secur...
The Reserve Bank of India, recently has proposed to hike UPI (Unified Payment Interface) transaction limit for investing in IPO to…
Which of the following banks continue to be identified by Reserve Bank of India as Domestic-Systemically important Banks
A rate at which RBI (Reserve Bank of India) lends to commercial banks by purchasing securities:
Which among the following is a numerical measurement that is used to predict the chances of a business going bankrupt in the next two years.
The Basel III norms have prescribed a Leverage ratio of a) ___% while the Reserve Bank of India has prescribed a leverage ratio of b)___% for D-SIBs and...
The current expected risk-free rate is 4%, the equity premium is 3.9% and the beta is 0.8. calculate the return on equity.
The Reserve Bank has released a booklet that aims to enhance public awareness about various types of financial frauds perpetrated on gullible customers...