Question

The new type of loans launched by Maharashtra State Co-operative bank for the prisoners to provide a loan amount upto Rs _______ naming it ‘Khavti’.

A Rs 20,000 Correct Answer Incorrect Answer
B Rs 50,000 Correct Answer Incorrect Answer
C Rs 70,000 Correct Answer Incorrect Answer
D Rs 60,000 Correct Answer Incorrect Answer

Solution

It was launched on 29th March, 2022 by Maharashtra Home Minister Dilip Walse Patil. It will provide loans to nearly 1,055 prisoners at Yerawada Central Jail, Pune. the loan will be given without any collateral security. The loan amount allowed will be Rs 50,000 at 7% interest.

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