The Ministry of State for Skill Development and Entrepreneurship, under the leadership of Union Minister Jayant Chaudhary, announced an increase in the maximum loan limit of the ‘Model Skill Loan Scheme’ to Rs 7.5 lakh from the previous cap of Rs 1.5 lakh. This revision was unveiled in the Union Budget for the fiscal year 2024-2025 and is designed to support approximately 25,000 students annually. The scheme aims to bridge the financial gap for students pursuing skill development courses, enhancing their career prospects. This initiative builds on the earlier established Credit Guarantee Fund Scheme for Skill Development (CGFSSD) launched in 2015, addressing its challenges and expanding its reach and effectiveness.
RBI announced the list of Domestic-Systemically important Banks (D-SIBs) based on 2021 data. The banks that have been identified as D-SIBs are ____
As per the Gazette Notification on the new criteria for classifying the enterprises as Micro, Small and Medium enterprises, what is the maximum investme...
According to the Union Budget 2023-24, consider the following statements.
1. The Revised Estimate of the fiscal deficit is 6.4 percent of GDP, ad...
The estimated number of underweight, malnourished and severely malnourished children under 5 years of age is obtained under National Family Health Surv...
Calculate the operation cycle from the given data
A. Duration of Raw material stage
B. Duration of work in progress stage ...
Which of the following correctly explains the standardised approach for computing credit risk under Basel capital requirements, in India?
Calculate the Inventory Turnover Ratio
Which among these is not a type of funded loans?
In the calculation of the Marginal Cost of Funds, what is the weightage given to the Marginal Cost of Borrowings compared to the return on net worth?
The price specified on an option that the holder can buy or sell the underlying asset is called the: