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?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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