📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    âš¡ Azaadi sale - Celebrate Independence Day with Flat 55% Off On all courses! 13 to 17 Aug âš¡ Enroll Now

    Question

    Under which category of PM Mudra the loans up to Rs

    50,000 is given to the entrepreneurial activities to small business units?
    A Kishore Correct Answer Incorrect Answer
    B Sishu Correct Answer Incorrect Answer
    C Tarun Correct Answer Incorrect Answer
    D Yuva Correct Answer Incorrect Answer
    E Vridh Correct Answer Incorrect Answer

    Solution

    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. Loans are sanctioned in three categories ‘Shishu’ (covering loans up to Rs 50,000); ‘Kishore’ (covering loans from Rs 50,000 to Rs 5 lakh) and ‘Tarun’ (covering loans from Rs 5 lakh to Rs 10 lakh).

    Practice Next

    Relevant for Exams:

    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call