Which of the following statements regarding the PM SVANidhi scheme is/are true?
- The PM SVANidhi scheme was launched in 2020 and is fully funded by the Ministry of Housing and Urban Affairs.
- The scheme provides a working capital loan of up to Rs. 20,000 to street vendors.
- Vendors availing the loan under the PM SVANidhi scheme are eligible to receive an interest subsidy of 7%.
1
Only statement 1 is true
2
Statements 1 and 3 are true
3
Statements 1 and 2 are true
4
All statements are true
5
Only statement 3 is true