Question
Which of the following is NOT true about
microfinance? i. Using SHG/JLG model loans of small amount of less than one lakh rupees are provided for income generating activities ii. These loans are mostly unsecured loans based on the guarantee of other group members iii. There is no cap on the interest rates an interest goes upto 35-40% per annumSolution
Interest rates in microfinance mostly range around 22-26%. The rate is arrived at by calculating their cost of funds plus a maximum 10% margin or the average base rate of the five largest commercial banks by assets multiplied by 2.75 times, whichever is lower.
What was the target growth rate of the Indian economy in the second five-year plan?
- Which Veda contains 1,028 hymns divided into 10 books called mandalas and is considered the most important of the collection?
- What percentage represents the literacy rate among the Scheduled Tribe population according to the 2011 Census of India?
After a prolonged period of hot and dry weather, some parts have been given Drought status by which country recently?
Which dam, located in Uttar Pradesh, is the largest earth-fill dam in India?
- Which renowned ancient university was established by Emperor Kumaragupta?
The Laffer Curve represents the relationship between:
Match the films with their categories:
Where did Union Home Minister Amit Shah inaugurate the Digital Criminal Case Management System (CCMS) designed by the National Investigation Agency (NIA...
Where is the World Para Athletics Championships 2025 held?Â
Relevant for Exams:
