BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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modernization of plant and machinery.
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replacement of plant and machinery
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renovation of plant and machinery.
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all the above
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Detailed explanation-1: -modernization of plant and machinery.
Detailed explanation-2: -The objective of this scheme is to support the efforts of the management of the Non-Government aided institutions/non-grant-in-aid institutions for up-gradation and maintenance of infrastructural facilities for promoting conducive atmosphere for learning.
Detailed explanation-3: -Soft Loan against Purchase order will be given on the same terms as the seed loan of Startup mission. i.e; simple interest at the rate of 6% per annum. The amount of loan is limited to 80% of the Purchase order and disbursement is as an advance against the milestone payment agreed by the client.
Detailed explanation-4: -A soft loan is a loan with no interest or a below-market rate of interest. Also known as “soft financing” or “concessional funding, ” soft loans have lenient terms, such as extended grace periods in which only interest or service charges are due, and interest holidays.
Detailed explanation-5: -Which of the following is not one of the 4 Ms? motivation.