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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 ( рд╢рд┐рд╢реБ): loans up to тВ╣50,000 Kishore ( рдХрд┐рд╢реЛрд░): loans up to тВ╣5 lakh Tarun ( рддрд░реБрдг): loans up to тВ╣10 lakh

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