Current Affairs · Banking Schemes
In September 2025, regarding collateral-free shrimp crop loans launched by Andhra Pradesh Grameena Bank (APGB), which of the following statements is/are correct? 1. APGB, NABARD, and AquaExchange collaboratively introduced ₹25 crore worth collateral-free shrimp crop loans for about 100 farmers in Krishna district. 2. The initiative foresees scale-up to ₹100 crore disbursement in FY 2025 and plans for ₹250 crore in the next financial year. 3. APGB-AquaExchange agreement imposes mandatory collateral guarantees for all participating shrimp farmers to secure credit.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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Both 1 and 2
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