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ExamsIBPS POGeneral Awareness

Who among the following are eligible to avail the benefit under the Stand Up India Scheme? 1. A 20-year-old woman planning to set up her own venture 2. Person A is planning to set up his second greenfield project 3. Person Y, a wilful defaulter, is planning to set up his first greenfield project

  1. Only 1
  2. Both 2 & 3
  3. Both 1 & 3
  4. Only 3

Correct answer: Only 1

Solution

Stand Up India Scheme supports first-time greenfield enterprises by women and SC/ST borrowers. A 20-year-old woman planning her first venture is eligible, but a second greenfield project is not, and a wilful defaulter is excluded.

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