Question
What is the new collateral-free agricultural loan limit
set by the RBI effective from January 1, 2025?Solution
The Reserve Bank of India (RBI) has increased the collateral-free agricultural loan limit from ₹1.6 lakh to ₹2 lakh per borrower, effective from January 1, 2025. This decision aims to provide better access to financial resources for small and marginal farmers, addressing rising input costs and inflation.
The principle of indemnity aims to prevent:
During which Five Year Planning was NABARD established?
What economic condition combines slow growth with high unemployment?
Which sector involves the direct use of natural resources?
India was ranked at which place in US Chamber's Intellectual Property Index?
Which of the following statement is/are incorrect about “Gross Domestic Product”?
I. Gross Domestic Product (GDP) is that i...
John Robinson has given the concept of
For the first time in India, medical benefit as a non-cash benefit was provided under?
Which among the following is not an indirect tax?
What type of economy does India have?