Mathematics · Aptitude Calculations
A Self-Help Group of 12 women contributed 200 Rupees each monthly for 10 months. They earned 4,000 Rupees from internal lending interest and received a Revolving Fund of 15,000 Rupees under DAY-NRLM. What is the total corpus and the maximum Cash Credit (CC) limit allowable under the 6-times rule?
- 1Total Corpus: 39,000 Rupees; Max CC Limit: 2,34,000 Rupees.
- 2Total Corpus: 43,000 Rupees; Max CC Limit: 1,50,000 Rupees.
- 3Total Corpus: 43,000 Rupees; Max CC Limit: 2,58,000 Rupees.✓
- 4Total Corpus: 31,000 Rupees; Max CC Limit: 1,86,000 Rupees.
Correct answer
Total Corpus: 43,000 Rupees; Max CC Limit: 2,58,000 Rupees.
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