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- Loans given to small-scale and ancillary industries are treated as priority sector lending. Micro, Small and Medium Enterprises Development (MSMED) Act was passed in ?
- 2010
- 2006
- 2009
- 2004
- 2008
- As per MSMED Act, if an enterprise engaged in the manufacture or production, processing or preservation of goods a micro enterprise is an enterprise where investment in plant and machinery does not exceed ___________
- On 29th April 2015, RBI set a target of ANBC (Adjusted Net Bank Credit) prescribed for Micro Enterprises, to be achieved in a phased manner i.e., 7 percent by
- March 2019
- March 2017
- December 2016
- April 2018
- March 2016
- A target of ANBC (Adjuster Net Bank Credit) has been prescribed for Micro Enterprises, to be achieved in a phased manner i.e., 7.5 percent by _________
- March 2017
- March 2018
- December 2017
- Jan 2019
- None
- The target of ANBC has been prescribed for Micro Enterprises, to be achieved in a phased manner i.e., 7 percent by March 2016 and 7.5 percent by March 2017 for domestic banks. What about this target for foreign banks where they have less than 20 branches in India ?
- The above targets to be achieved by March 2020
- The above targets to be achieved by March 2018
- The above targets to be achieved by March 2017
- The above targets to be achieved by March 2019
- No targets assigned for these banks
- A small enterprise is an enterprise where the investment in plant and machinery is more than Rs. 25 lakh but does not exceed _______ If an enterprise engaged in the manufacture or production, processing or preservation of goods.
- Rs. 5 crore
- Rs. 3 crore
- Rs. 2 crore
- Rs. 15 crore
- None
- Medium enterprise is an enterprise where the investment in plant and machinery is more than Rs. 5 crore but does not exceed ________ if an enterprise engaged in the manufacture or production, processing or preservation of goods.
- Rs. 50 crore
- Rs. 5 crore
- Rs. 10 crore
- Rs. 100 crore
- None
- As per MSMED Act 2006, if an enterprise engaged in providing or rendering of services and whose investment in equipment, it is a micro enterprise is an enterprise where the investment in equipment does not exceed ______________
- Rs. 10 lakh
- Rs. 25 lakh
- Rs. 100 lakh
- Rs. 70 lakh
- Rs. 50 lakh
- Small enterprise is an enterprise where the investment in equipment (in rendering of services) is more than Rs. 10 lakh but does not exceed _________
- Rs. 10 crore
- Rs. 5 crore
- Rs. 1 crore
- Rs. 2 crore
- Rs. 20 crore
- The medium enterprise is an enterprise where the investment in equipment (in rendering of services) is more than Rs. 2 crore but does not exceed _______________
- Rs. 10 crore
- Rs. 8 crore
- Rs. 50 crore
- Rs. 3 crore
- Rs. 5 crore
- All loans to units in the KVI sector will be eligible for classification under the sub-target of 7 percent / 7.5 percent prescribed for Micro Enterprises under priority sector. KVI stands for ________________
- Khadi and Village Industries Sector
- Khaki and Village Industries Sector
- Khadi and Vicinity Industries Sector
- Khadi and Village Infrastructure Sector
- None of these
- The credit outstanding under general credit cards also come under the 'other finance to MSMEs'. Here the general credit cards include ___________
- Artisan Credit Card
- Laghu Udyami Card
- Swarojgar Credit Card
- Weaver's Card
- All of these
- Prime Minister's Task Force on MSMEs headed by whom prescribed few targets for banks for lending to the Micro and Small Enterprise (MSE) sector ?
- T. K. A. Nair
- Lakdawala
- Sundarama Ganesan
- Pradhymna Kumar
- None
- Ministry of MSME, Government of India and __________ set up the Credit Grantee Fund Trust for Micro and Small Enterprise with a view to facilitate flow of credit to the MSE sector without the need for collaterals / third party guarantees.
- RBI
- IDBI
- SIDBI
- NABARD
- None
- A viable / potentially viable unit may apply for a debt restructuring if it shows early stage of sickness. It is called ______
- debt restructuring of advances
- debt cancellation of advances
- debt trapping
- debt postponement
- None
- RBI set guidelines on OTS for MSEs for settlement of their NPAs. OTS means _________
- Order Time Settlement Scheme
- One Take Settlement Scheme
- One Time Settlement Scheme
- One Time Score Scheme
- None
- RSETIs set up to provide training for MSE (Micro and Small Entrepreneurs). RSETI means ________
- Rural Self Empowerment Training Institutes
- Rural School Employment Training Institutes
- Rural Study Employment Training Institutes
- Rural Self Employment Training Institutes
- None
- Banks also provide assistance to the MSE entrepreneurs through their FLC. FLC stands for ___
- Front Literacy Centre
- Financial Literacy Centre
- First Literacy Centre
- Fourth Literacy Centre
- None
- Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006. As per this act within a maximum of how many days, the buyers have to make the payments for the goods and services received by them from Micro, Small Enterprises ?
- 15 days
- 30 days
- 10 months
- 2 weeks
- 100 days
- Union Cabinet on 30th May 2015 has given its approval for MOUs between India and _______ on cooperation in the field of Micro, Small and Medium enterprises.
- Sweden
- Norway
- Austria
- Sri Lanka
- USA
- Read Set 2 from here
- Read Set 1 from here
Srivalli Josyula
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