Stand Up India scheme

1) With reference to ‘stand up India scheme’, which of the following statement is/are correct?

1. Its purpose is to promote entrepreneurship among SC/ST and women entrepreneurs.
2. It provides for refinance through SIDBI.

Select the correct answer using the code given below.

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

Solution: Both 1 & 2

Stand Up India scheme scheme promotes entrepreneurship among SC/ST and Women entrepreneurs.

The Scheme provides for refinance window through Small Industries Development Bank of India (SIDBI)