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    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 â‚ą5 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 â‚ą10,000 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 â‚ą2 crore over five years, incorporating lessons from the Stand-Up India scheme  

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