SF Prep

IBPS RRB Current Affairs Quiz — All time

Daily news by your exam, state and topic — each with a short summary, key facts and MCQs.

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3523 news · 9259 MCQs
Score: 0 / 0 attempted · 72 questions
India's coal production rises 7.48% to 84.45 MT in October 2024
Q1 Advanced

What was India's overall coal production in October 2024?

Show answer

Correct answer: C — 84.45 MT

PIB (Coal): overall coal production in October 2024 reached 84.45 MT; dispatches were 82.89 MT; October 2023 production was 78.57 MT.

Q2 Advanced

By what percentage did India's coal production in October 2024 grow over October 2023?

Show answer

Correct answer: B — 7.48%

PIB (Coal): production rose to 84.45 MT from 78.57 MT, an increase of 7.48% (dispatch grew 4.60%).

Coal India steps into its 50th year
Q3 Advanced

On which date did Coal India Limited come into being?

Show answer

Correct answer: A — 1 November 1975

PIB (Coal): CIL came into being on 1 November 1975 as an apex holding company of the nationalised coking and non-coking coal mines.

Q4 Advanced

What was Coal India Limited's coal output in FY 2024?

Show answer

Correct answer: D — 773.6 MT

PIB (Coal): CIL ended FY 2024 with 773.6 MT output, an 8.7-fold growth over 89 MT in 1975-76.

G20 DRR Working Group ministerial in Belem adopts first declaration on disaster risk reduction
Q5 Advanced

Where was the G20 Disaster Risk Reduction Working Group Ministerial Meeting (30 October–1 November 2024) held?

Show answer

Correct answer: B — Belem

PIB (MHA): the G20 DRRWG Ministerial Meeting was held from 30 October to 1 November 2024 in Belem, Brazil.

Q6 Advanced

Who led India's delegation to the G20 DRRWG Ministerial Meeting in Belem in 2024?

Show answer

Correct answer: A — Dr P K Mishra

PIB (MHA): the Indian delegation was led by Principal Secretary to the Prime Minister, Dr P K Mishra.

9th India–Indonesia Special Forces exercise Garud Shakti 24 begins
Q7 Advanced

Which edition of the India–Indonesia Joint Special Forces Exercise Garud Shakti was held in November 2024?

Show answer

Correct answer: C — 9th

PIB (Defence): the contingent left for the 9th edition of exercise Garud Shakti 24, held from 1 to 12 November 2024.

Q8 Advanced

Which Indonesian Special Forces unit took part in exercise Garud Shakti 24?

Show answer

Correct answer: A — Kopassus

PIB (Defence): the Indonesian contingent of 40 personnel was represented by Indonesian Special Forces Kopassus.

Q9

Exercise Garud Shakti 24 (1–12 November 2024) was held at:

Show answer

Correct answer: D — Cijantung, Jakarta

PIB (Defence): the Indian contingent departed for Cijantung, Jakarta, Indonesia.

Army contingent departs for 15th India–US Special Forces exercise Vajra Prahar
Q10 Advanced

Which edition of the India–US joint Special Forces exercise Vajra Prahar was held in November 2024?

Show answer

Correct answer: D — 15th

PIB (Defence): the Indian Army contingent departed for the 15th edition of exercise Vajra Prahar.

Q11 Advanced

Where was exercise Vajra Prahar 2024 (2–22 November) held?

Show answer

Correct answer: C — Orchard Combat Training Centre, Idaho

PIB (Defence): the exercise was scheduled from 2 to 22 November 2024 at the Orchard Combat Training Centre in Idaho, USA.

Q12 Advanced

Which US Army unit represented the US contingent in exercise Vajra Prahar 2024?

Show answer

Correct answer: B — Green Berets

PIB (Defence): the US Army contingent was represented by Green Berets.

Kendriya Grihmantri Dakshata Padak 2024 awarded to 463 personnel
Q13

How many personnel were awarded the 'Kendriya Grihmantri Dakshata Padak' for 2024?

Show answer

Correct answer: C — 463

PIB (MHA), 31 Oct 2024: the medal was awarded to 463 personnel of various States/UTs/CAPFs/CPOs for 2024.

Q14 Advanced

The 'Kendriya Grihmantri Dakshata Padak' was instituted by an MHA notification dated:

Show answer

Correct answer: B — 1 February 2024

PIB (MHA), 31 Oct 2024: instituted vide Ministry of Home Affairs' Notification dated 1st February, 2024.

Q15 Advanced

Consider the following about the 'Kendriya Grihmantri Dakshata Padak': 1. It recognises excellent work in Special Operation, Investigation, Intelligence and Forensic Science. 2. It is announced every year on 15 August. Which of the statements given above is/are correct?

Show answer

Correct answer: A — 1 only

PIB (MHA), 31 Oct 2024: the four fields are Special Operation, Investigation, Intelligence and Forensic Science; the medal is announced on 31 October every year, Sardar Patel's birth anniversary.

India releases updated National Biodiversity Strategy and Action Plan at CBD COP16 in Cali
Q16

In which city was India's updated National Biodiversity Strategy and Action Plan (NBSAP) released at CBD COP16 on 30 October 2024?

Show answer

Correct answer: B — Cali

PIB (MoEFCC), 3 Nov 2024: the document was released at a special event on 30 October 2024 in Cali, Colombia.

Q17 Advanced

How many national biodiversity targets does India's updated NBSAP set?

Show answer

Correct answer: C — 23

PIB (MoEFCC), 3 Nov 2024: the updated NBSAP aligns with the KMGBF, setting 23 national biodiversity targets.

Q18 Advanced

India's updated NBSAP, released at COP16, is aligned with which global framework?

Show answer

Correct answer: D — Kunming-Montreal Global Biodiversity Framework

PIB (MoEFCC), 3 Nov 2024: the updated NBSAP is aligned with the Kunming-Montreal Global Biodiversity Framework (KMGBF).

Q19 Advanced

Consider the following about India's updated NBSAP: 1. It was released by Union MoS Kirti Vardhan Singh. 2. Its update involved a consultative process with 23 central ministries. Which of the statements given above is/are correct?

Show answer

Correct answer: C — Both 1 and 2

PIB (MoEFCC), 3 Nov 2024: MoS Kirti Vardhan Singh released the updated NBSAP; the update was led by MoEFCC and involved 23 central ministries, departments, state-level organisations, communities and other stakeholders.

Eight core industries grow 2.0% in September 2024
Q20

By how much did the combined Index of Eight Core Industries grow in September 2024 (provisional) over September 2023?

Show answer

Correct answer: A — 2.0%

PIB (Commerce), 30 Oct 2024: the combined ICI increased by 2.0 per cent (provisional) in September 2024.

Q21 Advanced

The eight core industries together account for what share of the weight of items in the Index of Industrial Production (IIP)?

Show answer

Correct answer: B — 40.27%

PIB (Commerce), 30 Oct 2024: the Eight Core Industries comprise 40.27 per cent of the weight of items included in the IIP.

Q22 Advanced

What was the cumulative (provisional) growth of the Index of Eight Core Industries during April–September 2024-25?

Show answer

Correct answer: D — 4.2%

PIB (Commerce), 30 Oct 2024: the cumulative growth rate of ICI during April to September 2024-25 is 4.2 per cent (provisional).

Q23 Advanced

Consider the following about the core industries data for September 2024: 1. Cement, refinery products, coal, fertilizers and steel recorded positive growth. 2. Crude oil production grew over September 2023. Which of the statements given above is/are correct?

Show answer

Correct answer: A — 1 only

PIB (Commerce), 30 Oct 2024: cement, refinery products, coal, fertilizers and steel grew; crude oil production declined by 3.9% in September 2024.

DoPPW notifies 3% additional DA/DR, taking central pensioners' Dearness Relief to 53%
Q24

Under the DoPPW OM of 30 October 2024, Dearness Relief for central government pensioners was raised to what rate of basic pension?

Show answer

Correct answer: B — 53%

PIB (DoPPW), 30 Oct 2024: DR rises from the existing rate of 50% to 53% of basic pension/family pension w.e.f. 01.07.2024.

Q25 Advanced

From which date is the 3% additional instalment of DA/DR notified on 30 October 2024 effective?

Show answer

Correct answer: A — 1 July 2024

PIB (DoPPW), 30 Oct 2024: the additional instalment is due from 01.07.2024; higher DR applies w.e.f. 01.07.2024.

CDS Gen Anil Chauhan to visit Algeria as Guest of Honour at revolution anniversary parade
Q26 Advanced

CDS Gen Anil Chauhan was invited as Guest of Honour in Algeria in November 2024 for the military parade marking:

Show answer

Correct answer: C — The 70th anniversary of the revolution of 1 November 1954

PIB (MoD), 30 Oct 2024: the Military Parade and Ceremony commemorating Algeria's 70th Anniversary of the Glorious revolution of 01 Nov 1954, where Gen Chauhan was invited as Guest of Honour.

Q27

According to the MoD release of 30 October 2024, what were the dates of CDS Gen Anil Chauhan's official visit to Algeria?

Show answer

Correct answer: D — 31 October–4 November 2024

PIB (MoD), 30 Oct 2024: the CDS will embark on an official visit to Algeria from 31st October to 4th November 2024.

NPPA directs MRP cut on three anti-cancer drugs after customs exemption and GST cut
Q28 Advanced

Which of the following is NOT one of the three anti-cancer drugs whose MRP NPPA directed manufacturers to reduce in October 2024?

Show answer

Correct answer: C — Pembrolizumab

PIB (Pharmaceuticals), 29 Oct 2024: the three drugs are Trastuzumab, Osimertinib and Durvalumab.

Q29 Advanced

The GST rate on Trastuzumab, Osimertinib and Durvalumab was cut with effect from 10 October 2024:

Show answer

Correct answer: D — From 12% to 5%

PIB (Pharmaceuticals), 29 Oct 2024: Notification 05/2024 dated 08.10.2024 reduced GST from 12% to 5% w.e.f. 10.10.2024.

Indian Railways renews technical cooperation MoU with Switzerland's DETEC
Q30 Advanced

Indian Railways renewed its MoU with Switzerland's DETEC on 29 October 2024. When was the original MoU signed?

Show answer

Correct answer: B — 31 August 2017

PIB (Railways), 29 Oct 2024: the original MoU, signed on August 31, 2017, was valid for five years.

At CBD COP16 in Cali, India's national statement highlights Ramsar growth, IBCA and Namami Gange
Q31 Advanced

In India's COP16 national statement of 29 October 2024, the number of Indian Ramsar sites was said to have risen since 2014 from 26 to:

Show answer

Correct answer: D — 85

PIB (MoEFCC), 30 Oct 2024: India's Ramsar sites have risen from 26 to 85 since 2014.

Q32

According to India's COP16 statement, how many of the 36 globally recognised biodiversity hotspots does India house?

Show answer

Correct answer: B — Four

PIB (MoEFCC), 30 Oct 2024: India is one of the world's 17 megadiverse nations, housing four out of the 36 globally recognised biodiversity hotspots.

Q33 Advanced

At CBD COP16, Colombia's Environment Minister Susana Muhamad took over the COP Presidency from:

Show answer

Correct answer: A — Huang Runqiu of China

PIB (MoEFCC), 30 Oct 2024: the MoS congratulated Susana Muhamad on taking over the COP Presidency from the longest-serving COP President, Huang Runqiu of China.

Rozgar Mela: PM distributes over 51,000 appointment letters
Q34

How many appointment letters did the PM distribute at the Rozgar Mela on 29 October 2024?

Show answer

Correct answer: B — More than 51,000

PIB (PMO), 29 Oct 2024: the PM distributed more than 51,000 appointment letters via videoconferencing.

Q35 Advanced

At the Rozgar Mela on 29 October 2024, the PM said the PM Internship Scheme provides paid internships in India's top how many companies?

Show answer

Correct answer: A — 500

PIB (PMO), 29 Oct 2024: under the Prime Minister's Internship Scheme, provision has been made for paid internships in the top 500 companies of India.

India-Spain: 2026 to be Year of Culture, Tourism and AI; consulates in Bengaluru and Barcelona
Q36

During Pedro Sanchez's visit in October 2024, India and Spain announced 2026 as the India-Spain Year of:

Show answer

Correct answer: D — Culture, Tourism and AI

MEA list of outcomes (PIB), 28 Oct 2024: Announcement of the Year 2026 as India-Spain Year of Culture, Tourism and AI.

Q37 Advanced

In which Indian city did Spain announce it would establish a consulate in October 2024?

Show answer

Correct answer: A — Bengaluru

MEA list of outcomes (PIB), 28 Oct 2024: establishment of a Spanish Consulate in Bengaluru and operationalisation of the Indian Consulate in Barcelona.

Q38 Advanced

According to the India-Spain Joint Statement, Pedro Sanchez's visit in October 2024 was the first visit by a President of the Government of Spain to India after how many years?

Show answer

Correct answer: C — 18

MEA joint statement (PIB), 28 Oct 2024: this was the first visit by a President of the Government of Spain to India after 18 years.

Piyush Goyal to visit Saudi Arabia for the 8th Future Investment Initiative
Q39 Advanced

Piyush Goyal's Saudi Arabia visit of 29–30 October 2024 was to participate in which edition of the Future Investment Initiative?

Show answer

Correct answer: A — 8th

PIB (Commerce), 28 Oct 2024: Goyal to participate in the 8th Future Investment Initiative.

Q40

In which city was the 8th Future Investment Initiative, attended by Piyush Goyal in October 2024, held?

Show answer

Correct answer: C — Riyadh

PIB (Commerce), 28 Oct 2024: the visit to Riyadh for the 8th FII.

Mann Ki Baat 115th episode: digital arrest fraud, animation, Sardar and Birsa Munda 150
Q41

In the 115th Mann Ki Baat (27 October 2024), the PM warned citizens about which type of fraud?

Show answer

Correct answer: B — Digital arrest

PIB, 27 Oct 2024 (Mann Ki Baat): 'The conversation you just heard pertains to the fraud of Digital Arrest.'

Q42 Advanced

According to Mann Ki Baat of 27 October 2024, Bhagwan Birsa Munda's 150th birth anniversary year was to begin on:

Show answer

Correct answer: D — 15 November 2024

PIB, 27 Oct 2024 (Mann Ki Baat): Bhagwan Birsa Munda's 150th birth anniversary year will begin from the 15th of November.

Q43 Advanced

In Mann Ki Baat (27 October 2024), the PM referred to the inauguration of Asia's largest imaging telescope 'MACE'. Where is it?

Show answer

Correct answer: A — Hanle, Ladakh

PIB, 27 Oct 2024 (Mann Ki Baat): 'this month, we inaugurated Asia's largest Imaging Telescope MACE in Hanle, Ladakh.'

Q44 Advanced

Why was the 'Run for Unity' in 2024 held on 29 October instead of on Rashtriya Ekta Diwas (31 October)?

Show answer

Correct answer: C — Deepawali

PIB, 27 Oct 2024: on account of Deepawali, Run for Unity will be held on the 29th of October, i.e. Tuesday.

Rural Development Ministry rebuts report on MGNREGS dip; cites 2,923 crore person-days since 2014-15
Q45 Advanced

According to the Rural Development Ministry (27 October 2024), how many person-days were generated under MGNREGS from FY 2014-15 to FY 2024-25?

Show answer

Correct answer: B — 2,923 crore

PIB (Rural Development), 27 Oct 2024: total person days between FY 2014-15 to FY 2024-25 have been 2923 crore, against 1660 crore in FY 2006-07 to FY 2013-14.

Q46

What is the MGNREGS budget allocation (BE) for FY 2024-25, described as the highest since inception?

Show answer

Correct answer: D — ₹86,000 crore

PIB (Rural Development), 27 Oct 2024: Rs 86,000 crore in FY 2024-25 (BE), the highest since inception.

Q47 Advanced

Consider the following about MGNREGS as stated by the ministry on 27 October 2024: 1. Aadhaar seeding has been done for 99.3% of active workers. 2. The budget allocation at BE stage in FY 2013-14 was ₹86,000 crore. Which of the statements given above is/are correct?

Show answer

Correct answer: A — 1 only

PIB (Rural Development), 27 Oct 2024: Aadhaar seeding covers 13.10 crore active workers (99.3%); BE in FY 2013-14 was only Rs 33,000 crore — Rs 86,000 crore is the FY 2024-25 BE.

Railways and WCD Ministry launch revised SOP to protect vulnerable children on railway premises
Q48 Advanced

The revised SOP for protecting vulnerable children on railway premises, launched on 27 October 2024, was a joint effort of Indian Railways (RPF) and which ministry?

Show answer

Correct answer: A — Women and Child Development

PIB (Railways), 27 Oct 2024: RPF, in collaboration with the Ministry of Women and Child Development, launched the updated SOP.

Q49

What is the name of the RPF operation that has rescued over 2,300 children and apprehended 674 traffickers since 2022?

Show answer

Correct answer: D — Operation AAHT

PIB (Railways), 27 Oct 2024: RPF's 'Operation AAHT' has been instrumental in rescuing over 2,300 children and apprehending 674 traffickers since 2022.

PM congratulates Arjun Erigaisi on crossing 2800 in live chess ratings
Q50

In October 2024, PM Modi congratulated GM Arjun Erigaisi for crossing which mark in live chess ratings?

Show answer

Correct answer: B — 2800

PIB, 27 Oct 2024: the PM congratulated Arjun Erigaisi for crossing the 2800 mark in live chess ratings.

INS Talwar arrives at La Réunion to strengthen India-France maritime partnership
Q51

Which Indian Navy frigate arrived at La Réunion on 27 October 2024?

Show answer

Correct answer: C — INS Talwar

PIB (MoD), 28 Oct 2024: INS Talwar arrived at La Réunion on 27 October 24 as part of her deployment in the IOR.

Q52 Advanced

INS Talwar, which visited La Réunion in October 2024, was commissioned on:

Show answer

Correct answer: B — 18 June 2003

PIB (MoD), 28 Oct 2024: INS Talwar was commissioned on 18 June 2003.

Q53 Advanced

Before reaching La Réunion, INS Talwar had taken part in which multilateral exercise held in South Africa?

Show answer

Correct answer: D — IBSAMAR VIII

PIB (MoD), 28 Oct 2024: the ship had recently participated in the IBSAMAR VIII multilateral exercise held in South Africa.

MeitY advisory directs social media platforms to curb hoax bomb threats against airlines
Q54 Advanced

MeitY's advisory of 26 October 2024 on hoax bomb threats warned that intermediaries failing in due diligence would lose protection under which section of the IT Act, 2000?

Show answer

Correct answer: D — Section 79

PIB, 26 Oct 2024: non-compliance with due diligence requirements shall revoke protection under section 79 and may invite consequential action under any law.

Q55 Advanced

As restated in MeitY's advisory of 26 October 2024, social media platforms must assist authorised government agencies in investigations under the IT Rules, 2021 in a timely manner, but not later than:

Show answer

Correct answer: B — 72 hours

PIB, 26 Oct 2024: social media platforms are obligated under IT Rules, 2021 to timely assist authorised government agencies in investigations and cybersecurity, but not later than 72 hours.

ISRO and DBT sign MoU; India to have 'Bharatiya Antariksh Station' by 2035
Q56

By which year, as stated by Dr Jitendra Singh on 26 October 2024, will India have its own space station, the 'Bharatiya Antariksh Station'?

Show answer

Correct answer: D — 2035

PIB, 26 Oct 2024: India will have its own Space Station by 2035, which will be known as 'Bharatiya Antriksh Station'.

Q57 Advanced

On 26 October 2024, ISRO signed an MoU to integrate biotechnology with space technology with which body?

Show answer

Correct answer: A — Department of Biotechnology

PIB, 26 Oct 2024: ISRO and Department of Biotechnology sign landmark MoU, a collaboration aimed to integrate biotechnology with space technology.

PM Modi condoles the passing of Gussadi dance icon Kanaka Raju
Q58

Kanaka Raju, whose passing PM Modi condoled on 26 October 2024, was known for his contribution to preserving which dance?

Show answer

Correct answer: D — Gussadi

PIB, 26 Oct 2024: 'His rich contribution to preserving Gussadi dance will always motivate the coming generations.'

Telecom subscribers at 1,200.07 million and tele-density 85.43% as of 31 August 2024
Q59 Advanced

As per telecom subscription data as on 31 August 2024 (released 26 October 2024), India's total telephone subscribers (wireless + wireline) stood at about:

Show answer

Correct answer: A — 1,200.07 million

PIB, 26 Oct 2024: Total Telephone Subscribers (Million) — wireless 1163.83, wireline 36.23, total 1200.07.

Q60 Advanced

What was India's overall tele-density as on 31 August 2024, as per the data released on 26 October 2024?

Show answer

Correct answer: C — 85.43%

PIB, 26 Oct 2024: Overall Tele-density — total 85.43% (urban 132.94%, rural 59.05%).

Q61 Advanced

How many subscribers submitted Mobile Number Portability (MNP) requests in August 2024, as per the data released on 26 October 2024?

Show answer

Correct answer: D — 14.66 million

PIB, 26 Oct 2024: in August 2024, 14.66 million subscribers submitted their requests for MNP; cumulative requests rose to 1025.78 million.

Department of Consumer Affairs launches special drive against substandard helmets
Q62 Advanced

Under the Quality Control Order cited in the Department of Consumer Affairs' helmet drive (26 October 2024), all helmets must comply with which BIS standard?

Show answer

Correct answer: C — IS 4151:2015

PIB, 26 Oct 2024: the QCO mandates that all helmets comply with the BIS standard IS 4151: 2015.

Q63 Advanced

From which date has the Ministry of Road Transport and Highways enforced the Quality Control Order for helmets, as stated in the release of 26 October 2024?

Show answer

Correct answer: A — 1 June 2021

PIB, 26 Oct 2024: MoRTH has enforced the Quality Control Order (QCO) as of June 1, 2021, mandating that all helmets comply with IS 4151: 2015.

ESIC adds 20.74 lakh new workers and 28,917 establishments in August 2024
Q64

As per provisional ESIC payroll data released on 26 October 2024, how many new employees were added under the ESI Scheme in August 2024?

Show answer

Correct answer: B — 20.74 lakh

PIB, 26 Oct 2024: the provisional payroll data of ESIC reveals that 20.74 lakh new employees have been added in the month of August, 2024.

Q65 Advanced

How many new establishments were brought under the ESI Scheme in August 2024 (PIB, 26 October 2024)?

Show answer

Correct answer: C — 28,917

PIB, 26 Oct 2024: 28,917 new establishments have been brought under the social security ambit of the ESI Scheme in August 2024.

Q66 Advanced

Consider the following about ESIC payroll data for August 2024 (PIB, 26 October 2024): 1. About 47.68% of the new registrations belonged to the age group of up to 25 years. 2. Net enrolment of female members was 6.14 lakh. Which of the statements given above is/are correct?

Show answer

Correct answer: A — 1 only

PIB, 26 Oct 2024: 9.89 lakh employees, about 47.68% of the total, were aged up to 25 years (1 is correct). Net enrolment of female members was 4.14 lakh, not 6.14 lakh (2 is wrong).

CBDT extends due date for certain income tax returns for AY 2024-25 to 15 November 2024
Q67

On 26 October 2024, CBDT extended the due date for furnishing returns of income for AY 2024-25 (for assessees in clause (a) of Explanation 2 to section 139(1)) from 31 October 2024 to:

Show answer

Correct answer: B — 15 November 2024

PIB, 26 Oct 2024: CBDT extended the due date for AY 2024-25, which is 31 October 2024 for these assessees, to 15th November, 2024 (Circular No. 13/2024).

95% of rural land records digitised under DILRMP
Q68

According to the Ministry of Rural Development (26 October 2024), what share of land records in rural India had been digitised since 2016?

Show answer

Correct answer: A — 95%

PIB, 26 Oct 2024: 95% of land records have been digitized in rural India since 2016.

Q69 Advanced

The Digital India Land Records Modernization Programme (DILRMP), restructured as a Central Sector Scheme in April 2016, was previously known as:

Show answer

Correct answer: C — National Land Record Modernization Programme

PIB, 26 Oct 2024: DILRMP, previously known as the National Land Record Modernization Programme, was restructured as a Central Sector Scheme in April 2016, with full funding from the central government.

Mudra loan limit raised to ₹20 lakh with new 'Tarun Plus' category
Q70

As notified (PIB, 25 October 2024), the maximum loan limit under the Pradhan Mantri Mudra Yojana was raised from ₹10 lakh to:

Show answer

Correct answer: B — ₹20 lakh

PIB, 25 Oct 2024: the limit of Mudra loans under PMMY has been enhanced from current Rs. 10 lakh to Rs. 20 lakh.

Q71 Advanced

What is the name of the new Mudra loan category for loans above ₹10 lakh and up to ₹20 lakh (PIB, 25 October 2024)?

Show answer

Correct answer: C — Tarun Plus

PIB, 25 Oct 2024: the new category of Tarun Plus is for loans above Rs. 10 lakh and up to Rs. 20 lakh, for entrepreneurs who have availed and repaid previous Tarun loans.

Q72 Advanced

Under which fund will guarantee coverage be provided for PMMY loans up to ₹20 lakh, as per the release of 25 October 2024?

Show answer

Correct answer: A — Credit Guarantee Fund for Micro Units (CGFMU)

PIB, 25 Oct 2024: the guarantee coverage of PMMY loans upto Rs. 20 lakh will be provided under the Credit Guarantee Fund for Micro Units (CGFMU).