Question

    The Budget 2025-26 introduced a new credit card scheme

    for micro enterprises. What would be the limit under this credit card facility?
    A Up to Rs. 1 lakh Correct Answer Incorrect Answer
    B Up to Rs.2 lakh Correct Answer Incorrect Answer
    C Up to Rs.2.5 lakh Correct Answer Incorrect Answer
    D Up to Rs. 3 lakh Correct Answer Incorrect Answer
    E Up to Rs.5 lakh Correct Answer Incorrect Answer

    Solution

    In the budget 2025-26, the government introduced the following credit facilities:   Credit Cards for Micro Enterprises  

    • A new customised Credit Card scheme will provide ₹5 lakh in credit to micro enterprises registered on the Udyam portal, with 10 lakh cards set to be issued in the first year.  
    Support for Startups and First-Time Entrepreneurs  
    • A new Fund of Funds with ₹10,000 crore will be established to expand support for startups.  
    • A scheme for 5 lakh first-time women, Scheduled Caste, and Scheduled Tribe entrepreneurs will provide term loans up to ₹2 crore over five years, incorporating lessons from the Stand-Up India scheme  

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