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Question 1 of 5
1. Question
Which organization implements the Foreign Study Loan scheme in Gujarat?
Correct
The scheme is implemented by Gujarat Unreserved Educational and Economical Development Corporation (GUEEDC).
Incorrect
The scheme is implemented by Gujarat Unreserved Educational and Economical Development Corporation (GUEEDC).
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The scheme is implemented by Gujarat Unreserved Educational and Economical Development Corporation (GUEEDC).
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Question 2 of 5
2. Question
What is the maximum loan amount provided under the Foreign Study Loan scheme?
Correct
The scheme provides overseas study loans up to ₹15,00,000.
Incorrect
The scheme provides overseas study loans up to ₹15,00,000.
Unattempted
The scheme provides overseas study loans up to ₹15,00,000.
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Question 3 of 5
3. Question
At what interest rate is the Foreign Study Loan provided?
Correct
The loan carries simple interest at the rate of 4% per annum.
Incorrect
The loan carries simple interest at the rate of 4% per annum.
Unattempted
The loan carries simple interest at the rate of 4% per annum.
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Question 4 of 5
4. Question
For loans above ₹5,00,000, what is the repayment period under the Foreign Study Loan scheme?
Correct
Loans above ₹5,00,000 are repaid in equal monthly installments over 6 years.
Incorrect
Loans above ₹5,00,000 are repaid in equal monthly installments over 6 years.
Unattempted
Loans above ₹5,00,000 are repaid in equal monthly installments over 6 years.
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Question 5 of 5
5. Question
What minimum marks are required in Class 12th to be eligible for the Foreign Study Loan scheme?
Correct
Applicants must have scored 60% or more in Class 12.
Incorrect
Applicants must have scored 60% or more in Class 12.
Unattempted
Applicants must have scored 60% or more in Class 12.