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Under the new scheme for first-time Women, SC and ST entrepreneurs, announced in the Union Budget 2025-26, what is the maximum loan amount that can be availed?
₹1 crore
₹2 crore
₹5 crore
₹50 lakh
₹2 crore
Memorize the '2-Cr' limit for inclusive credit schemes in the 2025-26 Budget; these figures are often round numbers in government policy announcements.
The question pertains to the specific policy provision for first-time Women, SC, and ST entrepreneurs under the Union Budget 2025-26 regarding maximum loan limits.
Lmax=2×107
Memorize the '2-Cr' limit for inclusive credit schemes in the 2025-26 Budget; these figures are often round numbers in government policy announcements.
Confusing this new specific scheme limit (₹2 crore) with older schemes like MUDRA or PMEGP which often have different tiers (₹10 lakh or ₹25 lakh/₹50 lakh).
Identify Policy Specification
The Union Budget 2025-26 introduced targeted support for first-time entrepreneurs belonging to women, SC, and ST categories to enhance financial inclusivity.
Limit=2 crore
Verify Loan Cap
According to the official budget document, the credit guarantee coverage and loan ceiling for these specific target segments are capped at ₹2 crore.
Loan=₹2,00,00,000
Final Selection
Comparing the official limit with the provided options, we identify Option B as the correct value.
Option B=₹2 crore
B is correct because the Union Budget 2025-26 explicitly stipulates a maximum loan amount of ₹2 crore for first-time Women, SC, and ST entrepreneurs.
In competitive exams, always link 'Budget' questions to 'Financial Awareness' and 'Economics' sections as they often overlap in current affairs segments.
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