Rajasthan government has announced Sunder Singh Bhandari Swarojgar Yojana 2021 to provide loans upto what amount to 50,000 people from economically backward classes at 4% interest rate ? 

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RPSC Assistant Professor 2020 Official Paper-III (Held On: 22 Sept, 2021 Shift 1)
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  1. Rs. 1 lakh
  2. Rs. 75,000
  3. Rs. 50,000
  4. Rs. 30,000

Answer (Detailed Solution Below)

Option 3 : Rs. 50,000
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Detailed Solution

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The correct answer is Rs. 50,000.

Key Points

  • Rajasthan government has announced Sundar Singh Bhandari Swarojgar Yojana for Economically Backward Classes in Rajasthan Budget 2018-19.
  • Subsequently, the Government will provide loans of up to Rs. 50,000 to economically backward classes​ candidates.
    • Accordingly, EBC candidates will get these loans at 4% interest rate. 

Additional Information

  • Mukhyamantri Swa Rozgar Scheme:
    • Under this scheme, the state government gives loans up to Rs 25 lakh to the youth for financial help.
    • So that they can start their own business or startup.
    • The special thing is that people of any class or community can easily avail the benefits of this scheme.
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