Current Affairs · Social Sector Schemes
Regarding Self-Help Groups (SHGs) under the DAY-NRLM framework and their linkage with the banking system, consider the following statements: 1. An SHG is typically eligible for a bank loan after completing at least six months of active functioning and maintaining regular savings. 2. Under Phase-I of credit linkage, the loan quantum is generally up to four times the corpus of the SHG. 3. Interest subvention under DAY-NRLM is available only to women SHGs operating in Aspirational Districts. 4. SHGs can receive a Revolving Fund (RF) of ₹15,000 only upon graduation to a Cluster Level Federation. Which statement(s) is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 11 only
- 21 and 2 only✓
- 32 and 3 only
- 43 and 4 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 Social Sector Schemes MCQs →Want more practice questions on Social Sector Schemes?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Social Sector Schemes