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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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