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QUESTION
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With reference to the 'Stand-Up India' scheme, consider the following statements:
1. It facilitates bank loans between ₹10 lakh and ₹1 crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch.
2. The loans under the scheme are provided exclusively for setting up greenfield enterprises in manufacturing, services, trading, or activities allied to agriculture.
3. In non-individual enterprises, at least 51% of the shareholding and controlling stake must be held by either an SC/ST or a woman entrepreneur.
Which of the statements given above are correct?
UPPCS Prelims 2026 Practice Set 36 Preparation Guide
This practice set is designed for candidates preparing for the Uttar Pradesh Public Service Commission (UPPCS) Combined State / Upper Subordinate Services Examination. Attempt the questions carefully and review the explanations after each response to strengthen concepts for General Studies Paper I.