Economics · Economy
Consider the following statements regarding the Differential Rate of Interest (DRI) Scheme introduced by the Reserve Bank of India: 1. The scheme provides financial assistance at a concessional interest rate of 4% per annum to weaker sections for productive activities. 2. At least 40% of the total advances under the DRI scheme must be granted to eligible borrowers belonging to Scheduled Castes/Scheduled Tribes (SC/ST). 3. To be eligible, the maximum annual family income from all sources must not exceed Rs. 24,000 p.a. in rural areas and Rs. 24,000 p.a. in urban areas. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2, and 3
- 21 and 3 only
- 32 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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