Question

NRLM has a provision for interest subvention, to cover the difference between the Lending Rate of the banks and 7%, on all credit from the banks/financial institutions availed by women SHGs, for a maximum of……………………… 

A 1,00,000 Correct Answer Incorrect Answer
B 2,50,000 Correct Answer Incorrect Answer
C 50,000 Correct Answer Incorrect Answer
D 3,00,000 Correct Answer Incorrect Answer
E 5,00,000 Correct Answer Incorrect Answer

Solution

NRLM has a provision for interest subvention, to cover the difference between the Lending Rate of the banks and 7%, on all credit from the banks/financial institutions availed by women SHGs, for a maximum of Rs 3, 00,000 per SHG.

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