Question
Which of the following can NOT be the Member Lending
Institutions for the Pradhan Mantri Mudra Yojana (PMMY)?Solution
Under the Pradhan Mantri Mudra Yojana (PMMY), collateral-free institutional credit up to Rs. 10 lakh is provided by Member Lending Institutions (MLIs) i.e. Scheduled Commercial Banks (SCBs), Regional Rural Banks (RRBs), Non-Banking Financial Companies (NBFCs) and Micro Finance Institutions (MFIs). Any individual, who is otherwise eligible to take a loan and has a business plan for small business enterprise can avail loan under the Scheme. S/he can avail loans for income generating activities in the manufacturing, trading, services sector and also for activities allied to agriculture across three loan products, viz. Shishu (loans up to Rs. 50,000), Kishore (loans above Rs. 50,000 and up to Rs. 5 lakh) and Tarun (loans above Rs. 5 lakh and up to Rs. 10 lakh).
Who among the following were the last belligerents against whom Mohammad Ghori had led a campaign?
What new feature has Google introduced to combat online misinformation related to images?
Consider the following statements about scholarship programme of London:
1. Recently, Oxford College London announced its biggest ever scholars...
The writings of which of the following thinkers are believed to have inspired the revolutionaries during the French Revolution in the late 18th century?...
At which place Prime Minister Modi laid the foundation stone for the Downstream Petrochemical Complex and Refinery Expansion Project in September 2023?
Who was the official sponsor for the 37th National Games held in Goa?
Which statement is correct about “ INDUS X ” ?
a. INDUS X stands for India-United States Defence Acceleration Ecosyste .
...
International Cricket Council has signed a sponsorship deal with which Indian bank?
Who was appointed as the Director General of the National Security Guard (NSG) in August 2024?
Which technology is NOT mentioned as part of India’s upgraded Multi-Agency Centre (MAC)?
Relevant for Exams:
