Question

What percentage of the total loan amount under NAVAJEEVAN is reserved for women?

• A. 10%
• B. 15%
• C. 20%
• D. 25%

Answer 1

Answer:

D. 25%

• Implemented by - Department of Employment

• It is aimed at supporting senior citizens aged 50-65 years to start self-employment ventures.

• The scheme helps in the economic and social upliftment of beneficiaries.

• 25% of the total loan amount is reserved exclusively for women.

• The scheme facilitates bank loans up to Rs 50,000 for starting self-employment ventures, of which 25 per cent would be reimbursed as a Government subsidy, to a maximum of Rs 12,500.