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      Question

      RecentlyThe Emergency Credit Line Guarantee Scheme

      (ECLGS) was extended with expanded guarantee cover of _______ amount?
      A 2 Lakh crore Correct Answer Incorrect Answer
      B 5 Lakh Crore Correct Answer Incorrect Answer
      C 1 Lakh crore Correct Answer Incorrect Answer
      D 8 Lakh crore Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      Finance Minister Nirmala Sitharaman announced in her budget presentation that The Emergency Credit Line Guarantee Scheme (ECLGS) would be extended to cover the next fiscal as well, with expanded guarantee cover of Rs 5 lakh crore. An additional guarantee amount of Rs 50,000 crore has been announced for the hospitality sector.

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