![Which scheme provides loans on easy terms to unemployed youths to buy automobiles for commercial use?](https://www.gkseries.com/blog/wp-content/uploads/2023/06/Which-scheme-provides-loans-on-easy-terms-to-unemployed-youths-to-buy-automobiles-for-commercial-use.jpg)
Question | Which scheme provides loans on easy terms to unemployed youths to buy automobiles for commercial use? | |
Type | multiple_choice | |
Option | Utkarsh Bangla | incorrect |
Option | Gatidhara | correct |
Option | Sabujshree | incorrect |
Option | Yuvashree | incorrect |
Solution | The Gatidhara scheme offers accessible loans to unemployed youth, enabling them to purchase cars, trucks, or lorries for commercial purposes. The government provides loans at favorable terms, covering 30% of the vehicle’s price, up to Rs. 1 lakh. This widely popular scheme serves as a valuable avenue for generating alternative employment opportunities and empowering the youth in pursuing commercial ventures. |