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      Question

      What is the revised limit for collateral-free

      agriculture loans as per the recent RBI announcement?
      A โ‚น1 lakh Correct Answer Incorrect Answer
      B โ‚น1.6 lakh Correct Answer Incorrect Answer
      C โ‚น2 lakh Correct Answer Incorrect Answer
      D โ‚น2.5 lakh Correct Answer Incorrect Answer
      E โ‚น3 lakh Correct Answer Incorrect Answer

      Solution

      The Reserve Bank of India (RBI) has raised the limit for collateral-free agriculture loans to โ‚น2 lakh from the earlier ceiling of โ‚น1.6 lakh. This decision accounts for increasing agricultural input costs and inflation, ensuring better credit access for small and marginal farmers.

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