UPSC CSE Prelims
Question 61
With reference to 'Stand Up India Scheme', which of the following statements is/are correct?
- Its purpose is to promote entrepreneurship among SC/ST and women entrepreneurs.
- It provides for refinance through SIDBI.
Select the correct answer using the code given below.
View correct answer and explanation
Correct answer: C
Correct Option: C
Explanation: Stand Up India was designed to promote entrepreneurship among SC/ST and women borrowers and incorporated SIDBI-backed support/refinancing arrangements.
Statement/Pair-wise Analysis:
Statement/Item 1: Correct - The scheme facilitates bank loans to at least one SC/ST and one woman entrepreneur per branch in eligible greenfield enterprises.
Statement/Item 2: Correct - SIDBI was assigned supportive refinance and facilitation roles under the scheme.
Option-wise Analysis:
A: Incorrect - omits correct statement/item 2.
B: Incorrect - omits correct statement/item 1.
C: Correct - includes all and only the true statements/items.
D: Incorrect - omits correct statement/items 1, 2.