Question
What is the new collateral-free agricultural loan limit
set by the RBI effective from January 1, 2025?Solution
The Reserve Bank of India (RBI) has increased the collateral-free agricultural loan limit from ₹1.6 lakh to ₹2 lakh per borrower, effective from January 1, 2025. This decision aims to provide better access to financial resources for small and marginal farmers, addressing rising input costs and inflation.
More Monthly Quiz General Awareness Questions
Find the wrong number in the given number series.
548, 532, 568, 510, 604, 460
16, 10, 12, 20, 48, 107
- Find the wrong number in the given number series.
5, 30, 255, 860, 2105, 4130 18000Â Â Â 3000Â Â Â Â 600Â Â Â 150Â Â Â Â 40Â Â Â 25
- Find the wrong number in the given number series.
8, 12, 21, 46, 95, 195 Find the wrong number in the given number series.
1900, 1171, 669, 316, 100, - 25
Find the wrong number in the given number series.
1, 8, 27, 65, 125, 216131, 132, 140, 166, 231, 356Â
214, 223, 248, 297, 378, 489
81, 154, 124, 197, 167, 235
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