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• Pradhan Mantri Mudra Yojana was launched in April 2015 by the Prime Minister, the Mudra Yojana aims to enable Micro Finance Institutions (MFIs), Non-Banking financial institutions/Companies (NBFCs), Small Finance Banks, RBRs, Commercial Banks, Cooperative Banks, etc. to provide Low Rate Loans to eligible entities. • Banks have extended loans of Rs 18.6 trillion to about 34.4 crore beneficiaries so far under the Pradhan Mantri Mudra Yojana (PMMY). • Women make up over 68% of the Mudra account holders and 22% of the loans were disbursed to new entrepreneurs. • 51% of total sanctioned loans have gone to beneficiaries in the SC/ST/ OBC categories. • The scheme was launched by the Prime Minister on April 8, 2015. • Mudra loans are extended to three categories of borrowers — Sishu, Kishore and Tarun. • Customers seeking loans up to Rs 50,000 come under the Sishu category; the Kishore category, above Rs 50,000 and up to Rs 5 lakh; and the Traun category loan above Rs 5 lakh and up to Rs 10 lakh.
Ramu has lent Rs. 60,000 to Murali and Bansi at 7% p.a. and at 11% per annum respectively. At the end of the year, he has gained an overall interest at ...
If a wheel covers a distance of 880 m in 40 rotations, then the diameter of the wheel is?
A Hemi sphere has a volume of 486π cubic units. What is the radius of the sphere?
A vessel contains 50 liters of a solution with 40% acid. 10 liters of this solution are removed and replaced with a solution containing 70% acid. The pr...
Cost of two types of pulses is Rs.10 and Rs, 15 per kg, respectively. If both the pulses are mixed together in the ratio 2:3, then what should be the pr...
A sum of ₹ 62 was divided among 100 students. If each boy got 70 paisa and each girl got 45 paisa. Find the number of boys?
The ratio of the present ages of Ginni and Binni is 7:4 respectively. Ginni is ‘n’ years older than Binni. If after 2 years, the ratio of the ages o...
12, 13, 22, 47, 96, ?
On reducing the marked price of his goods by ₹28, a shopkeeper gains 20%. If the cost price of the article be ₹560 and it is sold at the marked pric...
In what ratio rice at 44 Rs/kg should be mixed with the rice at 28 Rs/kg so that selling mixture at Rs 42 per kg gives the profit of 20% if the quantity...