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    Question

    What is the interest subvention available under

    AIF?
    A 1% per annum for loans up to ₹5 crore Correct Answer Incorrect Answer
    B 3% per annum for loans up to ₹2 crore Correct Answer Incorrect Answer
    C 5% per annum for all loans Correct Answer Incorrect Answer
    D 3% per annum for loans above ₹10 crore Correct Answer Incorrect Answer
    E No interest subvention is provided Correct Answer Incorrect Answer

    Solution

    AIF provides 3% interest subvention per year for loans up to ₹2 crore, available for a maximum of 7 years.

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