Which among the following is are correct about the Student Credit Card scheme in West Bengal i ...........

West Bengal Polity and Governance

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Which among the following is/are correct about the Student Credit Card scheme in West Bengal:

i. Anyone who has spent 10 years in West Bengal can avail loan benefits.

ii. One person is eligible to get loans under scheme till 40 years of age.

iii. Loans will be given at 4% interest rates.

i and ii only

ii and iii only

i and iii only

i, ii, and iii

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Explanation:

West Bengal Cabinet approved the “Student Credit Card scheme” on June 24, 2021. Trinamool Congress had promised to launch this scheme in its election manifesto.This scheme will be implemented and launched on June 30, 2021. Under the scheme, student can get a soft loan of up to ?10 lakh with the help of credit card to enroll into higher studies. Loans will be given for higher studies in India as well as abroad. Loans will be given at 4% interest rates. State government would act as guarantor.Anyone who has spent 10 years in West Bengal can avail loan benefits under the scheme. Loan will be available for undergraduate, postgraduate, doctoral and post-doctoral study. One person is eligible to get loans under scheme till 40 years of age.