Question :
Differentiated Interest Scheme aimed to provide concessional loans to _________.
Option 1:
weaker section of the society
Option 2:
public sector industries
Option 3: public limited companies
Option 4: big exports
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Correct Answer:
weaker section of the society
Solution : The correct option is the weaker section of the society .
The Differential Rate of Interest Scheme was created in March 1972 and is specifically designed for those with very low incomes. It provides financial help at a reduced rate of interest of 4% to individuals who plan to engage in any productive activity. This programme is intended for SC/ST and Adivasi individuals working in agricultural operations and/or related fields.
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