Question

The disbursal of Pradhan Mantri Mudra Yojana (PMMY) loans increased to _______in the first quarter of FY24, compared to ₹62,650 crore in the same quarter last year.

A Rs.77,607 crore Correct Answer Incorrect Answer
B Rs.79,459 crore Correct Answer Incorrect Answer
C Rs.80,167 crore Correct Answer Incorrect Answer
D Rs.81,597 crore Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

The disbursal of Pradhan Mantri Mudra Yojana (PMMY) loans increased 23 percent to ₹81,597 crore in the first quarter of FY24, compared to ₹62,650 crore in the same quarter last year.  In the last financial year ended March 2023, disbursements of small business loans registered an alltime high at ₹4.50lakh crore, marking a 34.7 percent growth over the previous year’s ₹31lakh crore.

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