Question
Which of the following statement is not correct about
SIDBI?Solution
SIDBI provides direct, indirect and micro finance facilities. Direct Finance: In the form of Term Loan Assistance, Working Capital Assistance, Support against Receivables, Foreign Currency Loan, Scheme of Energy Saving for MSME sector, equity support etc. Indirect Finance: The Indirect assistance in the form of Refinance is provided to Primary Lending Institutions (PLIs), comprising banks, State Level Financial Institutions, etc. having a wide network of branches all over the country. The main objective of Refinance Scheme is to increase the resource position of PLIs which would ultimately facilitate the flow of credit to MSME sector. Micro Finance: SIDBI provides micro finance i.e. credit to small entrepreneurs and businessmen for establish their business.
__________ is a systematic examination of the books and records or a business
The cost that is concerned with the determination of the cost of each activity rather than the process is called:
A company registered under section 8 of the Companies Act shall not alter the provisions of its memorandum or articles except with the previous approva...
According to GST Laws, from 1 August 2023, the e-invoicing is mandatory for businesses with annual aggregate turnover of over _______ in any previous fi...
In case of companies depreciation on assets are provided on the basis of -……
Contribution to Pension Scheme notified by the Central Government under section 80CCD (1) provides a deduction for the amount paid or deposited by an em...
The “Designated Director” under the Prevention of Money Laundering Act (PMLA) is responsible for ensuring compliance with the obligations imposed un...
The printer which uses light emitting diodes or liquid crystals to print is ______.
For every debit there will be an equal credit according to
Which of the following commodities are kept outside the scope of GST?
(i) Fresh milk and pasteurised milk
(ii) Soyabeans seeds
(iii...
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