Question

Which of the following is INCORRECTLY stated about the Central Sector Scheme for Formation and Promotion of 10,000 FPOs?

A The scheme has a total budgetary outlay of ₹6,865 crore till 2027-28
B Each FPO receives matching equity grant of up to ₹15 lakh based on ₹2,000 per farmer member
C Credit guarantee facility up to ₹2 crore per FPO is available from eligible lending institutions
D Handholding support is provided for a period of 3 years from the year of FPO creation
E FPOs have been onboarded on e-NAM, ONDC, and GeM platforms
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)