Question

To help Farmer Producer Organisations access institutional credit without needing collateral, the 10,000 FPOs scheme provides a credit guarantee cover, through NABSanrakshan Trustee Company, for project loans sanctioned by eligible lending institutions. What is the maximum credit guarantee cover available per FPO under this facility?

A ₹50 lakh
B ₹1 crore
C ₹5 crore
D ₹10 crore
E ₹2 crore
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