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      Question

      What is the new interest subvention rate for higher

      education loans as per the revised Model Skill Loan Scheme in the Union Budget 2024-25?
      A 1% Correct Answer Incorrect Answer
      B 2% Correct Answer Incorrect Answer
      C 3% Correct Answer Incorrect Answer
      D 4% Correct Answer Incorrect Answer
      E 5% Correct Answer Incorrect Answer

      Solution

      The Model Skill Loan Scheme has been revised to offer 3% interest subvention on loans up to Rs. 10 lakh for higher education in domestic institutions.

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