ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    Under the revamped PM SVANidhi scheme (extended till

    2030), what is the loan amount for the third tranche for registered street vendors?
    A тВ╣10,000 Correct Answer Incorrect Answer
    B тВ╣15,000 Correct Answer Incorrect Answer
    C тВ╣25,000 Correct Answer Incorrect Answer
    D тВ╣40,000 Correct Answer Incorrect Answer
    E тВ╣50,000 Correct Answer Incorrect Answer

    Solution

    The revamped PM SVANidhi scheme, extended until March 31, 2030, revised the loan structure: тАв тВ╣15,000 in the first tranche тАв тВ╣25,000 in the second tranche тАв тВ╣50,000 in the third tranche This extension came with an increased collateral-free loan amount (+тВ╣5,000 over earlier provisions) and also introduced UPI-linked RuPay credit cards for vendors. The scheme aims to benefit 11.5 million street vendors, including 5 million new beneficiaries, and has already disbursed 9.6 million loans worth тВ╣13,797 crore.

    Practice Next
    More Daily Beepedia Current Affairs Questions

    Relevant for Exams:

    ask-question