New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    NRLM has a provision for interest subvention, to cover

    the difference between the Lending Rate of the banks and 7%, on all credit from the banks/financial institutions availed by women SHGs, for a maximum of……………………… 
    A 1,00,000 Correct Answer Incorrect Answer
    B 2,50,000 Correct Answer Incorrect Answer
    C 50,000 Correct Answer Incorrect Answer
    D 3,00,000 Correct Answer Incorrect Answer
    E 5,00,000 Correct Answer Incorrect Answer

    Solution

    NRLM has a provision for interest subvention, to cover the difference between the Lending Rate of the banks and 7%, on all credit from the banks/financial institutions availed by women SHGs, for a maximum of Rs 3, 00,000 per SHG.

    Practice Next