Question

Which of the following statements regarding the PM SVANidhi Scheme are incorrect? 1.         The scheme is exclusively for urban street vendors. 2.         Beneficiaries of the scheme are eligible for a subsequent loan with higher credit limit upon timely repayment. 3.         The scheme offers a cash grant to street vendors. Select the correct answer using the code given below:

A 1 only
B 2 only
C 3 only
D 1 and 3 only
E 1, 2, and 3
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RBI Grade B 2026 Phase 1 Memory Based Paper
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