Question

What is the concessional rate of interest provided under the Differential Rate of Interest (DRI) Scheme?

A 2 percent per annum Correct Answer Incorrect Answer
B 3 percent per annum Correct Answer Incorrect Answer
C 4 percent per annum Correct Answer Incorrect Answer
D 5 percent per annum Correct Answer Incorrect Answer
E 10 percent per annum Correct Answer Incorrect Answer

Solution

Under the DRI Scheme, banks provide finance up to ₹15,000/- at a concessional rate of interest of 4 per cent per annum to the weaker sections of the community for engaging in productive and gainful activities.

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