Question
Which of the following is not a correct feature of a
microfinance loan as per RBI’s guidelines?Solution
As per RBI’s Harmonised Regulatory Framework for Microfinance Loans (2022), the key features are: • Collateral-free → All microfinance loans must be unsecured. • Eligibility → Available to households with annual income of up to ₹3,00,000 (not ₹2,00,000). • No lien-marking → The loan cannot be linked with or secured against the borrower’s deposit account. • Repayment flexibility → Lenders must offer repayment schedules (weekly, fortnightly, or monthly) as per borrower convenience. • No prepayment penalty → Borrowers can prepay without additional charges. Penalty, if any, is only on overdue amounts.
Which planting system in fruit orchards involves planting a fifth tree in the center of each square, increasing the plant density?
For heavy clay soils, the irrigation frequency should be:
In cucurbits for changing the sex forms growth regulations are sprayed at -
Turmeric is generally propagated by
Which carnation variety is known for its long vase life and resistance to calyx splitting?
The "Distribution Uniformity" of a sprinkler system is measured using:
The force with which water is held in the soil at Field Capacity is approximately:
Which tool is most effective for the delicate task of transplanting seedlings?
What is the term for the method used to separate leaf pigments in green plants?
Bud necrosis in groundnut is transmitted by
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