Stand Up India Scheme
CMAT 2018 · General Knowledge · Easy · General Knowledge
Which of the following is true about Stand Up India Loan Scheme?
- A.
To facilitate bank loans between 10 lakh and 1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower per bank branch for setting up a greenfield enterprise
- B.
To facilitate bank loans between 10 lakh and 1 Crore to at least one woman borrower per bank branch for setting up a greenfield enterprise
- C.
This enterprise may be in manufacturing, services or the trading sector
- D.
All of these
D
Explanation
Stand Up India facilitates loans between Rs 10 lakh and Rs 1 crore to SC/ST and women borrowers for greenfield enterprises across manufacturing, services, or trading.
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