What is the additional credit flow that ECLGS 5.0 aims to facilitate?
- A.₹1.50 lakh crore
- B.₹2.55 lakh crore
- C.₹3.68 lakh crore
- D.₹5 lakh crore
Correct answer
Explanation
The correct answer is ₹2.55 lakh crore. The backgrounder states that the scheme, approved on 5 May 2026 and implemented by the National Credit Guarantee Trustee Company, aims to facilitate an additional credit flow of up to that amount, and that the scheme runs till 31 March 2027 or till guarantees of the same value are issued, whichever comes earlier. Option C is the trap here, because ₹3.68 lakh crore is a real figure from the same release, but it belongs to the earlier phases: from ECLGS 1.0 to 4.0 the scheme issued 1.19 crore guarantees worth ₹3.68 lakh crore before closing on 31 March 2023. Options A and D are round figures with no support in the release. Keep the two numbers in separate lines while revising: ₹2.55 lakh crore is the target of the present phase, and ₹3.68 lakh crore is what the first four phases actually delivered. The progress figure for the present phase, as on 20 August 2026, was ₹2,50,024 crore of guarantees.
Read the full article: ECLGS 5.0 Explained: ₹2.55 Lakh Crore Credit Guarantee Push
Practice Questions
Under ECLGS 5.0, what is the credit guarantee cover for loans extended to eligible MSMEs?
- A.75 per cent
- B.80 per cent
- C.90 per cent
- D.100 per cent
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The release separates the two levels of cover clearly: eligible MSMEs get a full guarantee, while eligible non-MSME borrowers get 90 per cent cover.
Read the full explanation →Which agency implements the Emergency Credit Line Guarantee Scheme 5.0?
- A.Reserve Bank of India
- B.Small Industries Development Bank of India
- C.National Credit Guarantee Trustee Company
- D.National Bank for Agriculture and Rural Development
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The backgrounder names it as the implementing agency and adds that borrowers must satisfy the eligibility conditions prescribed by NCGTC, including account status and other lending norms.
Read the full explanation →On which stock exchanges is the equity share capital of the acquirer listed?
- A.Only the National Stock Exchange of India
- B.Only the Bombay Stock Exchange
- C.The Bombay Stock Exchange and the National Stock Exchange of India
- D.The Calcutta Stock Exchange and the Bombay Stock Exchange
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Kotak Mahindra Bank is described as a scheduled commercial bank licensed by the central bank to carry on banking business, with its equity share capital listed on both these exchanges.
Read the full explanation →Which regulator approved the acquisition of a part of Deutsche Bank India business by Kotak Mahindra Bank?
- A.Securities and Exchange Board of India
- B.Reserve Bank of India
- C.Competition Commission of India
- D.Insurance Regulatory and Development Authority of India
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The competition regulator cleared the proposed combination, which covers both the purchase of the target business and the related referral arrangements between affiliates of the two sides.
Read the full explanation →Which business of Deutsche Bank in India is being acquired by Kotak Mahindra Bank?
- A.Corporate and investment banking
- B.Retail, private banking and wealth management
- C.Custody and fund accounting
- D.Treasury and foreign exchange dealing room
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The target business is precisely the retail banking and private banking segment together with the wealth management arm that the seller runs through its branches in India, and it is moving as a going concern on a slump sale basis.
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