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      Question

      What is the revised limit for collateral-free

      agricultural loans announced by the RBI?
      A β‚Ή1 lakh Correct Answer Incorrect Answer
      B β‚Ή1.6 lakh Correct Answer Incorrect Answer
      C β‚Ή2 lakh Correct Answer Incorrect Answer
      D β‚Ή2.5 lakh Correct Answer Incorrect Answer
      E β‚Ή3 lakh Correct Answer Incorrect Answer

      Solution

      The Reserve Bank of India has increased the limit for collateral-free agricultural loans from β‚Ή1.6 lakh to β‚Ή2 lakh per borrower. This decision aims to enhance credit availability for small and marginal farmers in light of rising agricultural input costs and inflation.

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