Question

Which of the following Statements about the Stand Up India scheme is/are Correct? (

  • I It facilitates bank loans between Rs. 10 lac to Rs 1 Crore. (I
  • I It should be repaid in up to 7 years with a moratorium of up to 36 months. (II
  • I The interest rate would be the lowest applicable rate of the bank not exceeding Bank’s MCLR + 4% + Tenor Premium
A Only I
B I & II
C II & III
D I & III
E Only III
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