📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      Deendayal Antyodaya yojana - DAY NRLM envisages sanction

      of cash credit to each eligible self-help group for a period of 3 years with a yearly drawing power based on repayment performance. The drawing power for 3rd year shall be
      A Above 6 lakhs based on the micro credit plan prepared by SHG and appraised by the Support agency and previous credit history Correct Answer Incorrect Answer
      B Minimum 3 lakhs based on the micro credit plan prepared by SHG and appraised by the Support agency and previous credit history Correct Answer Incorrect Answer
      C Minimum 6 lakhs based on the micro credit plan prepared by SHG and previous credit history. Correct Answer Incorrect Answer
      D 6 times of the existing comus or minimum of Rs. llakh which ever is higher Correct Answer Incorrect Answer
      E 8 times of the corpus at the time review or enhancement or minimum of Rs. 2 lakhs whichever is higher Correct Answer Incorrect Answer

      Solution

      The DAY-NRLM is essentially a poverty relief programme of the Central government. It was launched as ‘Aajeevika – National Rural Livelihoods Mission (NRLM)’ by the GOI’s Ministry of Rural Development in the year 2011. It was renamed as DAY-NRLM in 2015.  It envisages sanction of cash credit to each eligible self-help group for a period of 3 years with a yearly drawing power based on repayment performance. The drawing power for 3rd year shall be Minimum 3 lakhs based on the micro credit plan prepared by SHG and appraised by the Support agency and previous credit history. 

      Practice Next
      More Important Agriculture Q Questions
      ask-question