The Government of India launched "Stand-Up India" scheme on 5th April, 2016 to facilitate bank loans from Rs. 10 Lakh to 1 Crore per branch to ------ for setting up an enterprise.

Correct option is D

Option (a): Incorrect
• The scheme is not limited to only SC borrowers.
Option (b): Incorrect
• The scheme is not limited to only ST borrowers.
Option (c): Incorrect
• Although a woman borrower is covered, the scheme also mandates support to an SC/ST borrower.
Option (d): Correct
• The Stand-Up India Scheme requires each bank branch to provide loans to at least one SC/ST borrower AND at least one woman borrower in the range of ₹10 lakh to ₹1 crore for establishing greenfield enterprises.
• This is exactly as stated in the PIB launch note of April 5, 2016.