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    Question

    On 2nd May, 2021 the Reserve Bank of India extended the

    tenure for restructuring loan benefits to Rs ______?
    A 100 crore Correct Answer Incorrect Answer
    B 50 crore Correct Answer Incorrect Answer
    C 75 crore Correct Answer Incorrect Answer
    D 60 crore Correct Answer Incorrect Answer
    E 70 crore Correct Answer Incorrect Answer

    Solution

    The RBI expanded the coverage of Resolution Framework 2.0 by doubling the maximum aggregate exposure threshold to Rs 50 crore for MSMEs, non-MSME small businesses and individuals for business purposes.

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