%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(30).png "IndusInd Bank Signed MoU with AIC STPINEXT to Support Startups & MSMEs")
Aim:
a) To provide loans for established large corporations
b) To offer financial solutions and mentorship for early-stage businesses
c) To exclusively fund government-owned enterprises
d) To manage international trade agreements
- To provide financial solutions, mentorship, and structural support for early-stage businesses, fostering innovation and sustainable growth.
- Specialized current account with no quarterly balance requirement for startups.
- Expert guidance and workshops on financial management, equity infusion, and ESOPs.
- Payroll and attendance management services offered at no cost.
- AIC STPINEXT, a special purpose vehicle of STPI, under MeitY, collaborates to build a vibrant startup ecosystem.
Question:
Q.1 What is the primary aim of the MoU signed between IndusInd Bank and AIC STPINEXT?a) To provide loans for established large corporations
b) To offer financial solutions and mentorship for early-stage businesses
c) To exclusively fund government-owned enterprises
d) To manage international trade agreements
Answer: b) To provide financial solutions, mentorship, and structural support for early-stage businesses, fostering innovation and sustainable growth.
