BACHELOR OF BUSINESS ADMINISTRATION

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BUSINESS ENVIRONMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Stand-Up India scheme for financing SC / ST and / or Women Entrepreneurs is facilitated through ____
A
Industrial Finance Corporate of India
B
Rural Banks
C
Small Industries Development Bank of India
D
Reserve Bank of India
Explanation: 

Detailed explanation-1: -The objective of the Stand-Up India scheme is to facilitate bank loans between 10 lakh and 1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a Greenfield Project.

Detailed explanation-2: -The Stand up India scheme aims at promoting entrepreneurship among women and scheduled castes and tribes. The scheme is anchored by Department of Financial Services (DFS), Ministry of Finance, Government of India.

Detailed explanation-3: -Scheme Summary/key features: TREAD Scheme aims at the economic empowerment of women. As per this scheme, the government grants up to 30% of the total project cost as decided by the lending institutions which finance the rest 70% as a loan to the applicant women.

Detailed explanation-4: -Small Industries Development Bank of India (SIDBI) Stand Up India Scheme facilitate bank loans between 10 lakh and 1 crore to atleast one scheduled caste (SC) or Scehduled Tribe, borrower and atleast one women per bank branch for setting up a greenfield enterprise.

There is 1 question to complete.