Question

    Recently in August 2022, how much loan was sanctioned

    from Emergency Credit Line Guarantee Scheme?
    A 3.7 trillion Correct Answer Incorrect Answer
    B 3.9 trillion Correct Answer Incorrect Answer
    C 4.5 trillion Correct Answer Incorrect Answer
    D 4.9 trillion Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    As of August 5, 2022 loans of around Rs 3.67 trillion have been sanctioned under it. Finance Minister Nirmala Sitharaman had extended the Emergency Credit Guarantee Scheme in her Budget speech 2022. Scheme has been extended till March 2023.

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