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As of October 2019, what is the maximum ...

As of October 2019, what is the maximum amount of loan granted by a scheduled commercial bank that is covered under the Credit Guarantee Fund Scheme for Micro and small Enterprises?

A

Rs50 lakh

B

Rs200 lakh

C

Rs100 lakh

D

Rs150 lakh

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Verified by Experts

The correct Answer is:
B
Explanation: 200 lakh is the maximum amount of loan granted by a scheduled commercial bank that is covered under the Credit Guarantee Fund Scheme for Micro and small Enterprises
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