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      Question

      Under The PM Mudra Yojana, the government introduced a

      new loan category Tarun Plus for MSMEs in the Budget 2024-25. Up to what amount of loan is covered under this category?
      A Rs.15 lakh Correct Answer Incorrect Answer
      B Rs. 20 lakh Correct Answer Incorrect Answer
      C Rs.25 lakh Correct Answer Incorrect Answer
      D Rs. 35 lakh Correct Answer Incorrect Answer
      E Rs. 50 lakh Correct Answer Incorrect Answer

      Solution

      The Pradhan Mantri Mudra Yojana has introduced a new category called "Tarun Plus" to cover loans ranging from тВ╣10 lakh to тВ╣20 lakh. This new limit took effect on October 24, 2024. This announcement also introduces a new loan category, Tarun Plus, designed specifically for those who have previously availed and successfully repaid loans under the Tarun category, allowing them to access funding between тВ╣10 lakh and тВ╣20 lakh. ┬а The Mudra Loans include: ┬а

      • Shishu: Up to Rs 50,000┬а ┬а
      • Kishore: Above 50,000 to Rs 5 lakh┬а ┬а
      • Tarun: Above 5 lakh to Rs 10 lakh┬а ┬а
      • Tarun Plus: Above 10 lakh to 20 Lakh ┬а

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