RBI has increased the limit of additional agricultural loan to how much?
A) Rs 2 lakh
B) Rs 3 lakh
C) Rs 4 lakh
D) 5 lakhs
Answer : A
Description :
The Reserve Bank of India (RBI) has decided to increase the limit of additional agricultural loan for farmers from Rs 1.6 lakh to Rs 2 lakh. This new limit will come into effect from January 1, 2025. This decision is important for small and marginal farmers, who will be able to access more loans without any collateral security.
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