Current Affairs · Government Schemes
In August 2025, the Union Cabinet approved a Central Sector Scheme titled 'Grant-in-aid to National Cooperative Development Corporation (NCDC)' with a total outlay of Rs 2,000 crore. Over the four-year period 2025-2029, NCDC is allowed to raise additional funds from the open market. What is the maximum amount NCDC can raise from the open market as per this scheme?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 15,000 crore
- 2Rs. 20,000 crore✓
- 3Rs. 10,000 crore
- 4Rs. 5,000 crore
Correct answer
Rs. 20,000 crore
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