Question
Under the MUDRA scheme, a loan of up to ₹50,000 is
categorized under which product?Solution
MUDRA loans are classified as: • Shishu: up to ₹50,000 • Kishor: ₹50,001 to ₹5 lakh • Tarun: ₹5 lakh to ₹10 lakh Shishu loans target first-time borrowers and very small businesses.
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