Current Affairs · Government Schemes for Financial Inclusion
Which of the following feature/features is/are correct regarding the Stand-Up India Scheme? I. This scheme covers brownfield enterprises along with greenfield enterprises. II. Non-Individual enterprises are also eligible to avail the benefit of this scheme provided the majority shareholding belongs to SC/ST and/or women entrepreneurs. III. For drawal of Working Capital up to ₹10 lakh, the same may be sanctioned by way of a Cash Credit Limit. IV. Besides Primary Security, the loan may be secured by a guarantee of the Credit Guarantee Fund Scheme for Stand-Up India Loans (CGFSIL) as decided by the banks. Select the correct answer using the codes given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only IV
- 2I, II and III
- 3I and III
- 4II and IV✓
Correct answer
II and IV
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