Multiple choice

As per the new guidelines issued by the National Housing Bank persons marginally above the poverty line can avail a one-time loan for housing and income generating activities. What is the limit of the total loan one can get for the same?

  1. Rs. 50,000

  2. Rs. 60,000

  3. Rs. 70,000

  4. Rs. 75,000

  5. Rs. 1,00,000
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Under the National Housing Bank guidelines from that period, the loan limit for individuals marginally above the poverty line for housing and income-generating activities was set at Rs. 70,000.

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