66th B.P.S.C. Re-Exam (Pre) 2020
To improve institutional agricultural credit flow, what credit target for 2020-21 has been fixed in the Union Budget of India?
aRs. 10 lakh crore
bRs. 13.5 lakh crore
cRs. 15 lakh crore✓ Correct
dRs. 16.5 lakh crore
eNone of the above / More than one of the above
Explanation
In the Union Budget 2020–21, the agricultural credit target was Rs. 15 lakh crore, while in the Union Budget 2021–22 it was Rs. 16.5 lakh crore. In Budget 2022–23, it was increased to Rs. 18 lakh crore, and in Budget 2023–24, it was further raised to Rs. 20 lakh crore. In Union Budget 2026-27, no announcement has been made regarding increasing the flow of agricultural credit.
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