RBI Grade B Officer 28 May 2022 Paper

Question : 5 of 200

Marks: +1, -0

Which of the following statements about PM SVANidhi Scheme is correct?

This scheme was launched by the Ministry of Finance.
It was launched on April 1,2020.
Vendors can avail a working capital loan of up to Rs. 100000 which is repayable in monthly installments in the tenure of one year.
There will be no penalty on early repayment of loan.
The scheme promotes digital transactions through cash back incentives up to an amount of Rs. 1000 per month

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