Stand Up India scheme caters to promoting entrepreneurship amongst women,.....category.

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Stand Up India scheme caters to promoting entrepreneurship amongst women,____category.

A	SC
B	ST
C	General
D	Both A and B

Explanation:

Detailed explanation-1: -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-2: -Objective: 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-3: -This enterprise can be set up in either of these sectors-manufacturing, services, agri-allied activities or trading. In case of non-individual enterprises, at least 51% of the shareholding and controlling stake should be held by either an SC/ST or women entrepreneur.

Detailed explanation-4: -Mahila Udyam Nidhi Yojana One of the most popular government schemes for women entrepreneurs, the Mahila Udyam Nidhi Scheme, is offered by Punjab National Bank and Small Industries Development Bank of India (SIDBI). The scheme supports women entrepreneurs to set up a new small-scale venture by extending loans up to Rs.

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