INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Government of Karnataka.
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Government of Andhra Pradhesh.
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Government of Kerala.
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Government of Tamil Nadu.
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Detailed explanation-1: -TIIC is a premier State Financial Corporation with more than 73 years of expertise in MSME lending and a Government of Tamil Nadu undertaking entity.
Detailed explanation-2: -TIIC provides financial assistance for purchase of land, machinery and construction of buildings. The purpose could be for setting up new units / expansion / modernization / diversification of existing industries. Assistance is extended to both manufacturing and eligible service sector industries.
Detailed explanation-3: -The Tamil Nadu Industrial Investment Corporation Limited (TIIC) (Tamil: ), Limited is an institution owned by the government of Tamil Nadu and is intended as a catalyst for the development of small, medium and large scale industries in Tamil Nadu. It was established in 1949.
Detailed explanation-4: -TIIC provides Term Loan assistance normally upto a maximum of Rs. 1500 lakhs to Proprietary and Rs. 2000 lakhs to Partnership concern. In respect of Limited Companies normally a maximum term loan assistance of Rs.