Multiple Choice Questions

With reference to the Vanchit Ikai Samooh aur Vargon ki Aarthik Sahayta VISVAS Yojana consider the f...........

Economic and social issues (RBI) Social Justice and disadvantaged

With reference to the Vanchit Ikai Samooh aur Vargon ki Aarthik Sahayta (VISVAS) Yojana, consider the following statements

It is an Interest subvention Scheme of Ministry of Finance for financial empowerment of economically marginalized OBC/SC SHGs & Individuals.
The scheme will benefit OBC/SC SHGs with loans/borrowings up to Rs.4.00 Lakh and OBC/SC individuals with loan/borrowing up to Rs.2.00 Lakh with a quick interest subvention benefit of 5% directly into the standard accounts of borrowing SHGs/beneficiaries.

Select the correct statement.

1 only

2 only

Both

None

National Backward Classes Finance & Development Corporation (NBCFDC) and National Scheduled Castes Finance and Development Corporation (NSFDC) under M/O Social Justice & Empowerment entered in to MoA With Central Bank of India for implementation of Vanchit Ikai Samooh aur Vargon ki Aarthik Sahayta (VISVAS) Yojana.
It is an Interest subvention Scheme of Ministry of Social Justice & Empowerment for financial empowerment of economically marginalized OBC/SC SHGs & Individuals.
The scheme will benefit OBC/SC SHGs with loans/borrowings up to Rs.4.00 Lakh and OBC/SC individuals with loan/borrowing up to Rs.2.00 Lakh with a quick interest subvention benefit of 5% directly into the standard accounts of borrowing SHGs/beneficiaries.

Hence only statement 2 is correct.

Report error

Submit Error