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    Question

    Which statements correctly describe the features of the SBI MSME Sahaj loan facility?

    1. The loan process from application to disbursement is less than 15 minutes with no manual intervention.

    2. The initiative aims to reduce human intervention and provide faster, easier finance to MSMEs.

    3. SBI was founded on 1 July 1955.

    A 1 only Correct Answer Incorrect Answer
    B 2 only Correct Answer Incorrect Answer
    C 3 only Correct Answer Incorrect Answer
    D 1 and 2 only Correct Answer Incorrect Answer
    E 1, 2, and 3 Correct Answer Incorrect Answer

    Solution

    All statements are correct. Statements 1 and 2 relate to the SBI MSME Sahaj loan facility's features, while statement 3 is a static fact about SBI's founding date.

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