Current Affairs · Government Schemes
A scheme was launched to promote entrepreneurship among women, SC, and ST communities by facilitating bank loans. Consider the following statements with respect to the Stand-Up India Scheme: 1. It was launched in 2016 under the Ministry of Finance. 2. Each bank branch is required to provide loans between ₹10 lakh and ₹1 crore to at least one SC/ST borrower and one woman borrower. 3. The scheme provides 100% collateral-free loans fully guaranteed by RBI. Which of the above statements is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 11 and 3 only
- 22 and 3 only
- 31 and 2 only✓
- 41 only
Correct answer
1 and 2 only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Government Schemes MCQs →Want more practice questions on Government Schemes?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Government Schemes