Multiple choice

In August 2016, the Reserve Bank of India directed all commercial and co-operative banks to provide loans to women self-help groups in rural areas at _________.

  1. 7% per annum

  2. 5% per annum

  3. 3% per annum

  4. 8% per annum

  5. 6% per annum

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Correct Answer: 7% per annum