πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      Under the newly approved PM Vidyalaxmi scheme, what type

      of loans are provided to students in Quality Higher Education Institutions (QHEIs)?
      A Collateral-backed loans Correct Answer Incorrect Answer
      B Guarantor-free, collateral-free loans Correct Answer Incorrect Answer
      C Loans only with parental support Correct Answer Incorrect Answer
      D Government loans with high interest rates Correct Answer Incorrect Answer
      E Loans limited to undergraduate courses Correct Answer Incorrect Answer

      Solution

      The PM Vidyalaxmi scheme offers collateral-free and guarantor-free loans to support students in QHEIs, enabling meritorious students to pursue higher education without financial constraints, with a substantial credit guarantee to encourage bank lending.

      Practice Next
      ask-question