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Your results are here!! for" DIFFERENTIAL RATE OF INTEREST (DRI) SCHEME "
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Question 1 of 10
1. Question
What is the main objective of the DRI scheme?
Correct
The DRI scheme aims to improve the economic conditions of the weakest sections of the community by providing financial assistance at a concessional rate of interest for productive and gainful activities.
Incorrect
The DRI scheme aims to improve the economic conditions of the weakest sections of the community by providing financial assistance at a concessional rate of interest for productive and gainful activities.
Unattempted
The DRI scheme aims to improve the economic conditions of the weakest sections of the community by providing financial assistance at a concessional rate of interest for productive and gainful activities.
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Question 2 of 10
2. Question
At least what proportion of DRI advances should be granted through rural and semi-urban branches?
Correct
At least two-thirds of DRI advances should be granted through rural and semi-urban branches.
Incorrect
At least two-thirds of DRI advances should be granted through rural and semi-urban branches.
Unattempted
At least two-thirds of DRI advances should be granted through rural and semi-urban branches.
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Question 3 of 10
3. Question
At least what percentage of total advances under the DRI scheme should go to eligible SC/ST borrowers?
Correct
At least 40 percent of total DRI advances should go to eligible borrowers belonging to the SC/ST category.
Incorrect
At least 40 percent of total DRI advances should go to eligible borrowers belonging to the SC/ST category.
Unattempted
At least 40 percent of total DRI advances should go to eligible borrowers belonging to the SC/ST category.
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Question 4 of 10
4. Question
Which person satisfies the land-holding criterion for DRI eligibility?
Correct
Persons not owning any land satisfy the land-holding criterion, subject to other eligibility conditions.
Incorrect
Persons not owning any land satisfy the land-holding criterion, subject to other eligibility conditions.
Unattempted
Persons not owning any land satisfy the land-holding criterion, subject to other eligibility conditions.
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Question 5 of 10
5. Question
What is the maximum land holding permitted for a borrower under the DRI scheme in case of irrigated land?
Correct
The land holding should not exceed one acre in the case of irrigated land, subject to the SC/ST exception and other criteria.
Incorrect
The land holding should not exceed one acre in the case of irrigated land, subject to the SC/ST exception and other criteria.
Unattempted
The land holding should not exceed one acre in the case of irrigated land, subject to the SC/ST exception and other criteria.
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Question 6 of 10
6. Question
What is the maximum land holding permitted under the DRI scheme in case of un-irrigated land?
Correct
The land holding should not exceed 2.5 acres in the case of un-irrigated land, subject to the SC/ST exception and other criteria.
Incorrect
The land holding should not exceed 2.5 acres in the case of un-irrigated land, subject to the SC/ST exception and other criteria.
Unattempted
The land holding should not exceed 2.5 acres in the case of un-irrigated land, subject to the SC/ST exception and other criteria.
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Question 7 of 10
7. Question
SC/ST members can be eligible for DRI loans irrespective of land holding provided they satisfy what?
Correct
SC/ST members are eligible irrespective of land holding if they satisfy the other eligibility criteria.
Incorrect
SC/ST members are eligible irrespective of land holding if they satisfy the other eligibility criteria.
Unattempted
SC/ST members are eligible irrespective of land holding if they satisfy the other eligibility criteria.
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Question 8 of 10
8. Question
What is the maximum annual family income from all sources for DRI eligibility in rural areas?
Correct
The borrower‘s family income from all sources should not exceed Rs. 18,000 per annum in rural areas.
Incorrect
The borrower‘s family income from all sources should not exceed Rs. 18,000 per annum in rural areas.
Unattempted
The borrower‘s family income from all sources should not exceed Rs. 18,000 per annum in rural areas.
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Question 9 of 10
9. Question
Which statement correctly describes the margin and security requirements under the DRI scheme?
Correct
The margin is nil. Assets purchased with the bank loan may be hypothecated to the bank, while no collateral security or third-party guarantee is required.
Incorrect
The margin is nil. Assets purchased with the bank loan may be hypothecated to the bank, while no collateral security or third-party guarantee is required.
Unattempted
The margin is nil. Assets purchased with the bank loan may be hypothecated to the bank, while no collateral security or third-party guarantee is required.
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Question 10 of 10
10. Question
What is the rate of interest under the DRI scheme?
Correct
The rate of interest under the DRI scheme is 4% per annum. Interest subsidy in DRI advances was discontinued with effect from November 2016.
Incorrect
The rate of interest under the DRI scheme is 4% per annum. Interest subsidy in DRI advances was discontinued with effect from November 2016.
Unattempted
The rate of interest under the DRI scheme is 4% per annum. Interest subsidy in DRI advances was discontinued with effect from November 2016.