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    Question

    Consider the following about Pradhan Mantri MUDRA Yojana

    (PMMY): I. It is a scheme launched in 2014 for providing loans. II. It providing loans up to 10 lakh to the non-corporate, non-farm small/micro enterprises. III. These loans are classified as MUDRA loans under PMMY. Which of the above statement is/are not correct?
    A I only Correct Answer Incorrect Answer
    B II Only Correct Answer Incorrect Answer
    C III only Correct Answer Incorrect Answer
    D I and II Only Correct Answer Incorrect Answer
    E II and III only Correct Answer Incorrect Answer

    Solution

    The PMMY is a scheme launched in 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.

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