Module: General Practice
Q151: Consider the following statements regarding the "Own Contribution" (Beneficiary's Share) required under PMEGP:
Beneficiaries under the General Category must contribute 10% of the project cost from their own sources.
Beneficiaries under the Special Category (including SC/ST/Women) must contribute only 5% of the project cost.
The own contribution must be deposited after the sanction of the loan but before the release of the first installment.
Which of the statements given above are correct?
Beneficiaries under the Special Category (including SC/ST/Women) must contribute only 5% of the project cost.
The own contribution must be deposited after the sanction of the loan but before the release of the first installment.
Which of the statements given above are correct?
✅ Correct Answer: D
🎯 Quick Answer:
All statements are correct.2. Special Category: Must bear only 5% of the project risk.
3. Process: Banks sanction 90-95% of the project cost.
The beneficiary deposits their share (margin) at the bank, which triggers the release of the loan and the subsequent claim for the government subsidy.