Question
SMILE is a scheme launched by min of Social Justice &
Welfare for the upliftment of ?Solution
Ministry of Social Justice & Empowerment launched the SMILE (Support for Marginalised Individuals for Livelihood and Enterprise) scheme on February 12, 2022. The Ministry has allocated Rs. 365 Crore for the scheme from 2021-22 to 2025-26.The umbrella scheme is set to provide welfare and rehabilitation to the Transgender community and the people engaged in the act of begging.
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A sum of Rs 12,000 becomes Rs 15,600 in 3 years at simple interest. Find the rate of interest per annum.
