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      Question

      What is the current upper limit for collateral-free

      loans for agriculture and allied activities from banks? 
      A ₹1.2 lakh Correct Answer Incorrect Answer
      B ₹1.6 lakh Correct Answer Incorrect Answer
      C ₹2.0 lakh Correct Answer Incorrect Answer
      D ₹2.5 lakh Correct Answer Incorrect Answer
      E ₹3.0 lakh Correct Answer Incorrect Answer

      Solution

      Starting January 1, 2025, the RBI raised the collateral-free loan limit for farmers and allied activities from ₹1.6 lakh to ₹2 lakh, facilitating easier credit access to small operators. 

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