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    Question

    Where is the Head Office of MUDRA

    Bank?
    A Mumbai Correct Answer Incorrect Answer
    B New Delhi Correct Answer Incorrect Answer
    C Bengalore Correct Answer Incorrect Answer
    D Chennai Correct Answer Incorrect Answer
    E Hyderabad Correct Answer Incorrect Answer

    Solution

    The MUDRA bank was set up under the Pradhan Mantri MUDRA Yojana scheme. It lends to small entrepreneurs outside the service area of regular banks, by using last mile agents. The bank classifies its clients into three categories as below: Shishu ( शिशु): loans up to ₹50,000 Kishore ( किशोर): loans up to ₹5 lakh Tarun ( तरुण): loans up to ₹10 lakh

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