Question 99
A startup in India in early stage funding under SIDBI SMILE scheme must primarily show
Solution
The SIDBI SMILE (Soft Loan Fund for Micro, Small, and Medium Enterprises) scheme supports MSMEs in manufacturing and service sectors, with a strong focus on 25 "Make in India" sectors. It targets new startups and existing businesses for expansion, modernisation, technology upgrades, and equipment finance.
It is for new and small businesses, so there is no focus on industrialisation or export prospects, and high collateral security is not expected, as these are not extremely capital-intensive loans. The SMILE scheme offers quasi-loans.
Need AI Help?
Create a FREE account and get:
- All Quant Formulas and shortcuts PDF
- 40+ previous papers with detau solutions PDF
- Top 500 MBA exam Solved Questions for Free
CMAT Quant Questions | CMAT Quantitative Ability
CMAT Number Systems QuestionsCMAT Functions, Graphs and Statistics QuestionsCMAT Probability, Combinatorics QuestionsCMAT Progressions and Series QuestionsCMAT Data Sufficiency Questions
CMAT DILR Questions | LRDI Questions For CMAT
CMAT Innovation and Entrepreneurship QuestionsCMAT Charts QuestionsCMAT Set Theory QuestionsCMAT Logical Reasoning QuestionsCMAT Arrangement Questions
