Question

    Which type of borrower is eligible for coverage under

    the Mudra Yojana?
    A Farmers with over ₹10 lakh turnover Correct Answer Incorrect Answer
    B Large Corporates Correct Answer Incorrect Answer
    C Micro enterprises with loan requirement up to ₹10 lakh Correct Answer Incorrect Answer
    D NRIs starting a business Correct Answer Incorrect Answer
    E Government employees Correct Answer Incorrect Answer

    Solution

    MUDRA (Micro Units Development and Refinance Agency) supports micro units with loans under ₹10 lakh under Shishu, Kishor, and Tarun schemes.

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