Question

    Pradhan Mantri Mudra Yojana was launched in which year

    ?
    A 2015 Correct Answer Incorrect Answer
    B 2016 Correct Answer Incorrect Answer
    C 2013 Correct Answer Incorrect Answer
    D 2012 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the  PM on April 8, 2015 for providing loans up to 10 lakh to the non-corporate, non-farm small/micro enterprises. These loans are classified as MUDRA loans under PMMY. These loans are given by Commercial Banks, RRBs, Small Finance Banks, MFIs and NBFCs.

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