BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Financial assistance to entrepreneurs is granted by commercial banks, State Financial Corporations, State Directorate of Industries, National Small Industries Corporation, state Small Industries Corporations, and-all-India-development banks.

Detailed explanation-2: -Financial institutions help small and medium-scale enterprises set up themselves in their initial business days. They provide long-term as well as short-term funds to these companies. The long-term fund helps them form capital, and short-term funds fulfill their day-to-day working capital needs.

Detailed explanation-3: -4th Pradhan Mantri Mudra Yojana Subsequently, Pradhan Mantri Mudra Yojana is one among its kind of budget, devised and conceptualized to empower Indian entrepreneurs. Loans as much as Rs 10 lakh may be availed under the MUDRA scheme.

Detailed explanation-4: -Small Industries Development Bank of India (SIDBI): It is the principal financial institution for promotion, financing and development of Industries in the small scale sector. SIDBI also coordinate the activities of agencies which provide finance to small enterprises.