Question

How much is the maximum amount of bank loan under stand up India for ST and SC women?

A 1 Crore Correct Answer Incorrect Answer
B 2 crore Correct Answer Incorrect Answer
C 50 lakh Correct Answer Incorrect Answer
D 75 lakh Correct Answer Incorrect Answer
E 1.5 crore Correct Answer Incorrect Answer

Solution

In the Stand-Up India scheme, banks provide loans from Rs 10 lakh to Rs 1 crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch. This scheme was launched by Prime Minister Narendra Modi in April, 2016. It will be available at all branches of Scheduled Commercial Banks.

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