Challenger App

No.1 PSC Learning App

1M+ Downloads
Which of the following recent updates (2025) is TRUE?

AMSME credit cards of ₹5 lakh introduced for Udyam-registered businesses

BCGTMSE cover decreased to ₹5 Cr

CInvestment limits remained unchanged

DTransition buffer removed

Answer:

A. MSME credit cards of ₹5 lakh introduced for Udyam-registered businesses

Read Explanation:

MSME credit cards of up to ₹5 lakh were introduced to improve liquidity. CGTMSE cover increased, limits updated, and transition buffer retained.


Related Questions:

Which of the following is an example of the “Either Investment or Turnover” rule?
An urban bank can sanction loan to a single borrower subject to a maximum of its tier-1 capital percent of
The authorized share capital of RBI was: A) ₹20 crore B) ₹5 crore C) ₹50 crore D) ₹5 crore
Which of the following was a major limitation of the Consumer Protection Act, 1986?
The main objective of Social Control over Banks was to: