Question

    What is the concessional rate of interest provided under the Differential Rate of Interest (DRI) Scheme?

    A 2 percent per annum Correct Answer Incorrect Answer
    B 3 percent per annum Correct Answer Incorrect Answer
    C 4 percent per annum Correct Answer Incorrect Answer
    D 5 percent per annum Correct Answer Incorrect Answer
    E 10 percent per annum Correct Answer Incorrect Answer

    Solution

    Under the DRI Scheme, banks provide finance up to ₹15,000/- at a concessional rate of interest of 4 per cent per annum to the weaker sections of the community for engaging in productive and gainful activities.

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