Which of the following is not true about Pradhan Mantri Mudra Yojana?
1. 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.
2. These loans are given by Commercial Banks, RRBs, Small Finance Banks, MFIs and NBFCs.
3. Under the aegis of PMMY, MUDRA has created three products namely 'Shishu', 'Kishore' and 'Tarik' to signify the stage of growth / development and funding needs of the beneficiary.
4. The maximum loan amount that can be sanctioned under ‘Kishore’ Scheme is 5 lakhs.
Under the aegis of Pradhan Mantri Mudra Yojana (PMMY), MUDRA has created products/ schemes. The interventions have been named '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 to look forward to : Shishu: covering loans up to 50,000/- Kishor: covering loans above 50,000/- and up to 5 lakh. Tarun: covering loans above 5 lakh and up to 10 lakh.
As per Section 27 of Companies Act 2013, any ariation in prospectus is to be approved by _______
NCLAT is constituted under which section of the Companies Act?
No allotment of any securities of a company offered to the public for subscription shall be made unless the amount stated in the _______ as th...
A company has to transfer the unclaimed dividend to which account?
Differences between verbal and nonverbal communication include?
i. Verbal communication is multichanneled; nonverbal communication is single-cha...
The appointment of Directors is to be approved by company in ____
Appointment of Auditors in case of government companies by CAG is given under which section of Companies Act, 2013?
The President of NCLT and Chairperson of NCLAT is to be appointed in consultation with _______
In case where such dividend remained unpaid or unclaimed within _______ from the date of declaration, the amount is transferred to ‘Unpaid Dividend Ac...
