BANKING GENERAL KNOWLEDGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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15
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Detailed explanation-1: -One Lakh) to ₹1.60 lakh (Rs. One Lakh Sixty Thousands). Accordingly, banks may waive security/ margin requirements for agricultural loans up to ₹1.60 lakh.
Detailed explanation-2: -State Bank of India is a leader in financing projects in the agriculture sector. They have helped millions of farmer across the country through their 16, 000 plus branches. They offer a variety of products like Kisan Credit Card, gold loan for crop production and multi-purpose gold loan for agriculture activities.
Detailed explanation-3: -Financing Four Wheeler Loans to a Farmer is sanctioned to purchase any new four-wheeler including jeep, SUV, station wagon, rural transport vehicle etc., for use in their farm management activities.