2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Rs.3 lakh crore
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Rs.5 lakh crore
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Rs.1 lakh crore
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Rs.2 lakh crore
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Detailed explanation-1: -Sales have seen a sharp decline due to travel restrictions, social distancing, restrictions on sale of some commodities and customers resorting to budget cuts and putting projects on hold. Companies are struggling to recover fixed costs in the absence of revenue generation due to sharp drop in sales.
Detailed explanation-2: -Various measures were taken by the Central Ministries along with States/UTs in terms of strengthened community surveillance, quarantine facilities, isolation wards, adequate PPEs, trained manpower, rapid response teams for management of COVID- 19.
Detailed explanation-3: -Sectors most affected include construction, manufacturing, and contact-intensive services (i.e., trade, transport, and hospitality). Consistent with their weaker liquidity position prior to the pandemic, the share of MSME debt-at-risk increases more than for large firms under the baseline and two adverse scenarios.