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    Which scheme of the Government of India facilitates bank loans between ₹10 lakh and ₹1 crore to at least one scheduled caste/ scheduled tribe borrower
    Question

    Which scheme of the Government of India facilitates bank loans between ₹10 lakh and ₹1 crore to at least one scheduled caste/ scheduled tribe borrower and at least one woman borrower per bank branch for setting up greenfield enterprises?

    A.

    Pradhan Mantri Suraksha Bima Yojana


    B.

    Pradhan Mantri Jeevan Jyoti Bima Yojana


    C.

    Pradhan Mantri Jan Dhan Yojana


    D.

    Stand Up India Scheme

    Correct option is D

    The correct answer is (D) Stand Up India Scheme.

    Explanation:
    The Stand Up India Scheme provides bank loans between ₹10 lakh and ₹1 crore to at least one scheduled caste/scheduled tribe borrower and at least one woman borrower per bank branch for setting up greenfield enterprises.

    Incorrect Options Explanation:

    • Pradhan Mantri Suraksha Bima Yojana (2015): Provides accidental insurance coverage.
    • Pradhan Mantri Jeevan Jyoti Bima Yojana (2015): A life insurance scheme.
    • Pradhan Mantri Jan Dhan Yojana (2014): Focuses on financial inclusion.

    Information Booster:

    • Stand Up India Scheme:
      • Launched in 2016.
      • Aims to promote entrepreneurship among SC/ST and women.
      • Loan range: ₹10 lakh to ₹1 crore.
    • Minister (2025):
      • Ministry of Finance, Nirmala Sitharaman (2025).

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