Question
RBI has raised the limit for collateral-free loans to Self-Help Groups (SHG) from Rs. 10 lakhs to what amount under DAY-NRLM?
Answer: Option C
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The Reserve Bank of India has raised 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.
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