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      Question

      Banks are mandated not to accept collateral security for

      MSE sector loans up to what amount?
      A โ‚น2 Lakh Correct Answer Incorrect Answer
      B โ‚น5 Lakh Correct Answer Incorrect Answer
      C โ‚น10 Lakh Correct Answer Incorrect Answer
      D โ‚น15 Lakh Correct Answer Incorrect Answer
      E โ‚น20 Lakh Correct Answer Incorrect Answer

      Solution

      As per RBIโ€™s MSME lending guidelines, banks cannot demand collateral for loans up to โ‚น10 lakh to micro and small enterprises.

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