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Question

The start-up scheme provides loans to entrepreneurs of the Scheduled Caste and Scheduled Tribes as well as women. Such loans range from _____________.

A
Rs. 1 lakh to Rs.10 lakh
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B
Rs. 10 lakh to Rs.1 Crore
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C
Rs. 10 lakh to Rs.50 lakh
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D
Rs. 10 lakh to Rs.1.5 Crore
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Solution

The correct option is C Rs. 10 lakh to Rs.1 Crore
The start-up scheme provides loans to entrepreneurs of the Scheduled Caste and Scheduled Tribes as well as women. Such loans range from Rs 10 lakh to Rs 1 crore.Globally India ranks in third position with 42000 start ups. The start-up helps to promote the culture of innovation and entrepreneurship in India. It also promotes economic growth and development.

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