Question
Under the Differential Rate of Interest (DRI) Scheme,
banks provide finance up to ______ at a concessional interest rate of 4% per annum for eligible weaker sections.ÂSolution
Under the Differential Rate of Interest (DRI) Scheme, banks provide finance up to ₹15,000 at a concessional interest rate of 4% per annum. Differential Rate of Interest (DRI) Scheme • Purpose: The DRI Scheme aims to uplift weaker sections by offering financial assistance at a reduced rate, enabling them to pursue productive, self-employment, or income-generating activities. This concessional financing supports economic independence and financial inclusion. • Eligible Groups: o Primarily targets Scheduled Castes (SCs), Scheduled Tribes (STs), minorities, physically handicapped individuals, and people involved in cottage and rural industries. o Individuals who collect forest products or fodder are also eligible, extending financial support to communities that rely on natural resources for livelihood. • RBI Mandate for SC/ST Allocation: The Reserve Bank of India has instructed banks to ensure that at least 40% of DRI Scheme advances go to borrowers from SC/ST communities, reinforcing the scheme’s commitment to social equity.
The tone of her voice seemed to ______ that she knew more than he was letting on.
Any further delay in helping the sector to get back on track would cause __________ damage, since the threat of the sector being taken over by bus-aggre...
- Select the most appropriate option to fill in the blanks.
She will _____________ her research at the conference before receiving a _____________ fr... - Fill in the blanks:
A true leader ________ confidence and earns the ________ of the team. People ______ buy our garments always return for ________ because of its feel.
Fill in the blanks with appropriate words.
They restrict farmers' rights and freedom to ……………. new varieties using germplasm from IP...
Choose the correct alternative out of the four choices given below each sentence.
My son is apprenticed ______ Mr. Lal, Chartered Accountant.
While discretion and quiet negotiations are useful, such divergence in public statements also fuels _________ that something deeper and more troubling ...
Given below sentence with one blank. Below sentence are given four words among which one word might fill the blank. If none of the words fill the blan...
- Given below is a sentence with one blank. Below the sentence are given four words among which one word might fill the blank. If none of the words fill the ...
