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    Question

    The Credit Linked Subsidy Scheme (CLSS) under PMAY

    provides interest subvention on home loans. What is the rate of subsidy for MIG (Middle Income Group) -I beneficiaries?
    A 3% Correct Answer Incorrect Answer
    B 4% Correct Answer Incorrect Answer
    C 5% Correct Answer Incorrect Answer
    D 6.5% Correct Answer Incorrect Answer
    E 8% Correct Answer Incorrect Answer

    Solution

    Under the Pradhan Mantri Awas Yojana's Credit Linked Subsidy Scheme (CLSS), the interest subsidy rate for MIG-I beneficiaries is 4% and for MIG-II beneficiaries is 3%. These subsidies are provided on loan amounts of up to тВ╣9 lakhs for MIG-I and тВ╣12 lakhs for MIG-II.┬а┬а

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