BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

ENTREPRENEURIAL DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
SIPCOT’s financial assistance is in the form of ____
A
term loan.
B
seed capital scheme.
C
underwriting the capital issues.
D
All of the above.
Explanation: 

Detailed explanation-1: -IFCI offers financial solutions in areas of corporate finance through Balance Sheet Funding, Loan Against Shares, Lease Rental Discounting, Promoter Funding, Long Term Working Capital requirements, Capital Expenditure and regular Maintenance Capex.

Detailed explanation-2: -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-3: -(ii) The SFCs help financial assistance to industrial units whose paid-up capital and reserves do not exceed Rs. 3 crore (or such higher limit up to Rs. 30 crores as may be notified by the central government).

Detailed explanation-4: -A subsidy is a benefit given to an individual, business, or institution, usually by the government. It can be direct (such as cash payments) or indirect (such as tax breaks).

There is 1 question to complete.