Chapter 35 Flashcards
1
Q
What is SMEDA
A
Its an organization of government to support small business and entrepreneurship
2
Q
What is YIPs
A
Youth investment promotion, an organization for youth
3
Q
What is the difference between bank and financial institutions
A
Financial institutions interest rates are less and they are more user friendly
4
Q
What is government grant
A
Its an encouragement for people from government in shape of money. Mostly it is not for pay back. There are working bodies who issues government grants.
