Explanation:

The correct is 6%.
Cabinet approves scheme for increasing ethanol production in Dec 2020. • The govt's move will help bear the interest of loans taken for setting up ethanol distilleries for a period of 5 years
• The government would bear interest subvention for five years, including a one-year moratorium against the loan availed by project proponents from banks at 6% per annum or 50% of the rate of interest charged by banks whichever is lower.