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RBI has raised the collateral-free loans to limit to SHGs from Rs 10 lakhs to Rs __ under DAY-NRLM?
A)
Rs 12 lakhs
B)
Rs 16 lakhs
C)
Rs 20 lakhs
D)
Rs 24 lakhs

Correct Answer :   Rs 20 lakhs


The Reserve Bank of India has increased the limit for collateral-free loans to Self-Help Groups (SHG) under the DAY-NRLM (Deendayal Antyodaya Yojana – National Rural Livelihoods Mission) from Rs. 10 lakhs to Rs. 20 Lakhs.

Published On : August 12, 2021
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