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    Question

    Which of the following is NOT included in the

    PM-Vidyalaxmi scheme's eligibility criteria for students?
    A Must be admitted to a top 860 quality higher education institution Correct Answer Incorrect Answer
    B Loan amounts above ₹7.5 lakh are available Correct Answer Incorrect Answer
    C Collateral-free and guarantor-free loans Correct Answer Incorrect Answer
    D Loan coverage includes tuition fees and other course-related expenses Correct Answer Incorrect Answer
    E Available to students from families with annual income up to ₹8 lakh Correct Answer Incorrect Answer

    Solution

    The PM-Vidyalaxmi scheme provides loans up to ₹7.5 lakh, with a 75% credit guarantee. Loans above ₹7.5 lakh are not part of the scheme’s current offerings, which are designed to cover tuition fees and course-related expenses for meritorious students.

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