RAS question
Under VKYUPY, what is the maximum Service/Trade sector loan limit for applicants who have passed Classes 8-12?
Correct answer: (B) ₹3.5 lakh.
For applicants who have passed Classes 8-12, the maximum Service and Trade sector loan limit is Rs 3.5 lakh.
Explanation
The relevant limit is Rs 3.5 lakh for the Service and Trade sector. The Rajasthan Economic Review places this figure in the scheme provisions for applicants who have passed the 8th to 12th Standard, where the interest-subsidy slab lists two different sector ceilings: Service and Trade up to Rs 3.5 lakh, and Manufacturing up to Rs 7.5 lakh. The key is to read the sector and education category together. The question asks only about applicants in the Classes 8-12 category and only about the Service/Trade sector, so the manufacturing ceiling does not apply.
Why the other options are wrong
- (A) Rs 2 lakh is below the stated Service and Trade sector ceiling for applicants who have passed Classes 8-12.
- (C) Rs 5 lakh is not the Class 8-12 Service and Trade limit; Rs 3.5 lakh is the figure for that category and sector.
- (D) Rs 7.5 lakh belongs to the Manufacturing sector ceiling for the same Class 8-12 applicant category, not to Service and Trade.
Concept
This tests Rajasthan state-scheme economics, especially how loan limits vary by beneficiary category and enterprise sector. Such figures recur in RAS because budget and Economic Review schemes often ask for precise eligibility-linked benefits.