New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    What is the total corpus allocated for the Credit

    Guarantee Scheme for e-NWR based Pledge Financing (CGS-NPF)?
    A ₹500 crore Correct Answer Incorrect Answer
    B ₹1,000 crore Correct Answer Incorrect Answer
    C ₹1,500 crore Correct Answer Incorrect Answer
    D ₹2,000 crore Correct Answer Incorrect Answer
    E ₹3,000 crore Correct Answer Incorrect Answer

    Solution

    The Union Minister Shri Pralhad Joshi launched the Credit Guarantee Scheme for e-NWR based Pledge Financing (CGS-NPF) with a corpus of ₹1,000 crore. This scheme aims to provide post-harvest finance to farmers using electronic negotiable warehouse receipts (e-NWRs).

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