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    Question

    The approved ₹2000 crore grant to NCDC will enable it

    to raise how much from the open market?
    A ₹10,000 crore Correct Answer Incorrect Answer
    B ₹12,000 crore Correct Answer Incorrect Answer
    C ₹15,000 crore Correct Answer Incorrect Answer
    D ₹18,000 crore Correct Answer Incorrect Answer
    E ₹20,000 crore Correct Answer Incorrect Answer

    Solution

    The Cabinet’s ₹2,000 crore grant to the National Cooperative Development Corporation (NCDC) for 2025–26 to 2028–29 will help it leverage funds from the open market up to ₹20,000 crore. This financing will be used to provide loans for cooperative projects in dairy, fisheries, textiles, and food processing sectors.

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