Exams › IBPS PO › General Awareness

Identify the scheme based on the following features: 1. It provides support to Women Self Help Groups. 2. No capital subsidy has been sanctioned till the date of implementation. 3. Interest subvention covers the difference between the lending rate of banks and 7% on all credit from banks/financial institutions availed by women SHGs, for a maximum of ₹3,00,000 per SHG.

1. PMFME
2. PMKSY
3. FPO
4. DAY-NRLM

Correct answer: DAY-NRLM

Solution

DAY-NRLM (Deendayal Antyodaya Yojana - National Rural Livelihoods Mission) supports women Self Help Groups and includes interest subvention on bank credit. The other options relate to food processing, irrigation, or producer organizations, not SHG credit support.

Related IBPS PO General Awareness questions

• Which of the following is also known as the Ayushman Bharat Scheme of the Government, launched in September 2018?
• NRLM stands for?
• Which of the following is a major objective of Atal Bhujal Yojana?
• Which of the following statements about the PM SVANidhi Scheme is correct?
• Which of the following statements regarding the Pradhan Mantri Awas Yojana (Urban) is/are true? (i) The Government has approved the project for the construction of over 60,000 houses under the scheme in the next 5 years. (ii) These 60,000 houses will be constructed across Andhra Pradesh, Chhattisgarh, Himachal Pradesh, Karnataka and Rajasthan. (iii) The total number of sanctioned houses under the scheme stands at 114.07 lakh.
• A total amount of how many rupees, in crores, was sanctioned by the Ministry of Development of North Eastern Region (DoNER) for augmenting healthcare facilities in the eight northeastern states for effective management of COVID-19?

⚔️ Practice IBPS PO General Awareness free + battle 1v1 →