Answers
1. Growing weed is illegal and as per Regulation 7(A) the businesses engaged in illegal activities are not eligible for loan.
Therefore, the answer is not eligible as it is illegal.
2. Glamour Galore is a cosmetic company and it is specifically mentioned in the list of ineligible businesses.It would constitute Pyramid sales plan and hence it is also ineligible.
3. Day care centre is being operated by a local church and loan to organizations promoting religious activities is not allowed .Therefore the answer is not eligible.
4. THis company would be covered under the definition of AEligible Passive company and hence it will be granted loan.
Therefore, the answer is yes
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