Question

rate of interest changed under DIR scheme is .​

Answer 1

$4 \: p.c.p.a. \\ Differential \:  Rate \: of \: Interest \:  (DRI) \\  scheme \:  is \: also \: known \: as \:  DIR, \\ it \: was \: launched \: in \: the \: year \: 1972 \\ to \: provide \: credit \: access \: to \\ low \: income \: groups. \\ The \: loan  \: scheme  \: enables \: banks \\ to \: lend \: to \: weaker \: sections \\ of \: the \: society \: at \: a \: concessional \:  interest \: rate. \\ The \:  interest \: rate \:  applicable \: is \: 4 \: p.c.p.a.$