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).