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The SAFE (SIDBI Assistance to Facilitate Emergency response against Corona Virus) scheme, launched by SIDBI (Small Industries Development Bank of Indi
Question

The SAFE (SIDBI Assistance to Facilitate Emergency response against Corona Virus) scheme, launched by SIDBI (Small Industries Development Bank of India) in March 2020, provided loans at an interest rate of ___________ per annum..

A.

​2%​

B.

​4% ​

C.

​5% ​

D.

3%

Correct option is C

  • The SAFE (SIDBI Assistance to Facilitate Emergency response against Corona Virus) scheme, launched by SIDBI (Small Industries Development Bank of India) in March 2020.
  •  The SAFE (SIDBI Assistance to Facilitate Emergency Response against Corona Virus) scheme offered loans at an interest rate of 5% per annum.

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