What is the total value of the dedicated CGFTFPO, launched by NABARD and Ministr

Question

What is the total value of the dedicated CGFTFPO, launched by NABARD and Ministry of Agriculture to provide credit guarantees to FPOs?

Options:

A . Rs 2000 crore

B . Rs 1000 crore

C . Rs 500 crore

D . Rs 5000 crore

Answer: Option B

The National Bank for Agriculture and Rural Development (NABARD) has announced the creation of a Rs. 1,000 crore Credit Guarantee Fund Trust for FPOs (CGFTFPO), a dedicated fund for providing credit guarantees to FPOs.

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