Question
Which of the following statements is/are incorrect
regarding Micro Unit development and refinance agency (MUDRA)? 1. It provides loans at low interest rates to micro financial institutions and NBFCs for farming and small industries. 2. It has been formed as a wholly owned subsidiary of NABARD. 3. Shishu, Tarun, and Kishor are the subcategories of loan in the increasing order of limit for the loan disbursal. Select the incorrect answer using the codes given below:Solution
â—Ź Statement 1 is incorrect: Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched in 2015 for providing loans up to 10 lakhs to the non-corporate, non-farm small/micro enterprises given by Commercial Banks, RRBs, Small Finance Banks, MFIs and NBFCs. MUDRA is an institution to achieve this purpose. â—Ź Statement 2 is incorrect: It is a wholly owned subsidiary of Small Industries Development Bank of India (SIDBI). â—Ź Statement 3 is incorrect: Shishu, Kishor and Tarun are the increasing order of limit for loan disbursal. Shishu loans have limit of Rs 50,000 /- , Kishor have limit upto Rs 5 lakhs and Tarun have limit upto Rs 10 lakhs.
An unexpected piece of good fortune Â
Familiarity breeds contempt .
Which one of the following words is nearly opposite in meaning to the bold one
Match the blanks in List-I with the Prepositions in List-II :
Select the word which means the same as the group of words given.
Something causing shock or dismay
Select the option that contains the most appropriate antonym of the given word
FASCINATION
Select the wrongly spelt word.
Amatya said to me, “We are to leave for dance early.”
A) Adonis B) Adorable C) Handsome D) Powerful
...Which of the following is an antonym of "gloomy"?
Find the correctly spelt word .