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Which of the following statement(s) is/are true regarding the Stand -Up India Scheme?


1. It was launched by the government to promote entrepreneurship among women, Scheduled Castes (SC) & Scheduled Tribes (ST).

2. Loans under the scheme are available for only greenfield projects.


Select the correct answer using the code given below:

  • a)
    1 only

  • b)
    Both 1 and 2 

  • c)
    2 only

  • d)
    Neither 1 nor 2

Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Which of the following statement(s) is/are true regarding the Stand -U...
Statement 1 is correct: The Stand Up India scheme was launched by the government to promote entrepreneurship among women, Scheduled Castes (SC) & Scheduled Tribes (ST).
  • The scheme is anchored by the Department of Financial Services (DFS), Ministry of Finance.
Statement 2 is correct: Loans under the scheme are available for only greenfield projects. It facilitates bank loans between Rs 10 lakh and Rs 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 enterprise.
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Community Answer
Which of the following statement(s) is/are true regarding the Stand -U...
Statement 1 is correct: The Stand Up India scheme was launched by the government to promote entrepreneurship among women, Scheduled Castes (SC) & Scheduled Tribes (ST).
  • The scheme is anchored by the Department of Financial Services (DFS), Ministry of Finance.
Statement 2 is correct: Loans under the scheme are available for only greenfield projects. It facilitates bank loans between Rs 10 lakh and Rs 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 enterprise.
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Which of the following statement(s) is/are true regarding the Stand -Up India Scheme?1. It was launched by the government to promote entrepreneurship among women, Scheduled Castes (SC) & Scheduled Tribes (ST).2. Loans under the scheme are available for only greenfield projects.Select the correct answer using the code given below:a)1 onlyb)Both 1 and 2c)2 onlyd)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?
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