Question

    What collateral-free loan amount are banks mandated to

    provide to units in the Micro and Small Enterprises (MSE) sector?
    A Up to ₹5 lakh Correct Answer Incorrect Answer
    B Up to ₹10 lakh Correct Answer Incorrect Answer
    C Up to ₹15 lakh Correct Answer Incorrect Answer
    D Up to ₹20 lakh Correct Answer Incorrect Answer
    E Up to ₹25 lakh Correct Answer Incorrect Answer

    Solution

    Banks are mandated to provide collateral-free loans up to ₹10 lakh to units in the MSE sector. For units with good track records, the limit can be increased to ₹25 lakh.  

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