Question

    Pradhan Mantri MUDRA Yojana ( PMMY )   a scheme

    launched by the  PM on April 8, 2015 provides  loans up to _____  to the non - corporate, non - farm small / micro enterprises .
    A 8 lakh Correct Answer Incorrect Answer
    B 9.5 lakh Correct Answer Incorrect Answer
    C 10 lakh Correct Answer Incorrect Answer
    D 12 lakh 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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