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    Question

    Under SIDBI’s “59-Minute Loan” scheme, what is the

    maximum loan amount disbursable within an hour? 
    A â‚č1 lakh Correct Answer Incorrect Answer
    B â‚č2 lakh Correct Answer Incorrect Answer
    C â‚č5 lakh Correct Answer Incorrect Answer
    D â‚č50 lakh Correct Answer Incorrect Answer
    E â‚č5 crore Correct Answer Incorrect Answer

    Solution

    The scheme enables MSMEs to apply and avail loans up to â‚č5 crore digitally in under 59 minutes, with minimal documentation—boosting credit access and growth. 

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