What corpus has the Union Cabinet approved for the Credit Guarantee Fund for Micro Units?
- A.Rs 3,000 crore
- B.Rs 4,111 crore
- C.Rs 5,000 crore
- D.Rs 7,500 crore
Show answer
The Cabinet cleared this corpus while extending the Credit Guarantee Fund for Micro Units up to 31 March 2031, and the Ministry of Finance expects it to support Mudra lending of Rs 12.6 lakh crore over the five years.
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