Question

RBI has recently raised the limit for collateral-free agriculture loans from Rs 1 Lakh to ____?
A.Rs 1.5 lakh
B.Rs 1.6 lakh
C.Rs 1.7 lakh
D.Rs 1.4 lakh

Answer 1

heya..

here is your answer..

RBI has recently raised the limit for collateral-free agriculture loans from Rs 1 Lakh to ____?

B.Rs 1.6 lakh is the correct option.

The Reserve Bank of India or RBI today raised the limit of collateral-free agricultural loans to Rs. 1.6 lakh from the current Rs. 1 lakh with a view to help small and marginal farmers.

it may help you...

Answer 2

Answer:

RBI has recently raised the limit for collateral-free agriculture loans from Rs 1 Lac to Rs. 1.6 Lac.

The Reserve Bank of India (RBI) has recently raised the limit for collateral-free agriculture loans to Rs 1.6 lac from Rs. 1 lac to to make the insurance policy capable for small and marginal farmers inside the formal credit score system. The RBI also proposed to set up an internal operating organization to review various troubles plaguing farm credit score, including regional disparity, extent of insurance and confined capital formation from such credit. This earnings support can be transferred immediately into the bank accounts of beneficiary farmers in 3 equal installments of Rs. 2,000 each.