What is the total value of the dedicated CGFTFPO, launched by NABARD and Ministry of Agriculture to provide credit guarantees to FPOs?

• A. Rs 500 crore
• B. Rs 2000 crore
• C. Rs 1000 crore
• D. Rs 5000 crore

Answer: (C)

The National Bank for Agriculture and Rural Development (NABARD) has announced the creation of a Rs. 1,000 crore Credit Guarantee Fund Trust for FPOs (CGFTFPO), a dedicated fund for providing credit guarantees to FPOs.