New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Loans against hypothecation of agriculture produce for

    upto 12 months period subject to a limit of upto………………………. against NWR/eNWR.
    A 5 lakh Correct Answer Incorrect Answer
    B 25 lakh Correct Answer Incorrect Answer
    C 50 lakh Correct Answer Incorrect Answer
    D 75 lakh Correct Answer Incorrect Answer
    E 85 lakh Correct Answer Incorrect Answer

    Solution

    Priority Sector Lending - increase in limits for bank lending against Negotiable Warehouse Reciepts (NWRs) or electronic Negotiable Warehouse Receipts (eNWRs).Loans against hypothecation of agriculture produce for upto 12 months period subject to a limit of upto Rs. 75 lakh against NWR/eNWR.

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