Question

Under the scheme DAY NRLM short term loans of Rs. 3 lakh

are given to SHGs. It has a provision of additional interest subvention of ___ % for prompt repayment which makes effective interest to be 4% per annum

A 2%

B 3%

C 4%

D 7%

E 1%

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Question

Under the scheme DAY NRLM short term loans of Rs. 3 lakh

Solution

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