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    Question

    What is the composite loan limit that can be sanctioned

    by banks to MSE entrepreneurs under a single window for both working capital and term loan needs?
    A β‚Ή10 lakh Correct Answer Incorrect Answer
    B β‚Ή25 lakh Correct Answer Incorrect Answer
    C β‚Ή50 lakh Correct Answer Incorrect Answer
    D β‚Ή1 crore Correct Answer Incorrect Answer
    E β‚Ή2 crore Correct Answer Incorrect Answer

    Solution

    As per RBI Master Directions, banks may sanction a composite loan of up to β‚Ή1 crore to Micro and Small Enterprises (MSEs) under a single window for both working capital and term loans. This streamlines processing and increases credit efficiency for small businesses.

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