Question

Which of the following statement is/are correct with respect to PM Mudra Yojana? I.                The Pradhan Mantri MUDRA Yojana (PMM

  • Y was launched on 8th April 2015. II.                The aim to facilitate easy collateral-free micro credit of up to ₹10 lakh to non-corporate, non-farm small and micro entrepreneurs for income generating activities.  III.                The loans under PMMY are provided by Member Lending Institutions (MLIs), i.e., Banks, Non-Banking Financial Companies (NBFCs), Micro Finance Institutions (MFIs) and other financial intermediaries.
A I and II only
B II only
C II and III only
D I and III only
E all of the above
Practice Next

Hey! Ask a query