New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following statements about the Mudra Yojana

    is NOT correct?
    A It aims to provide micro-finance to budding entrepreneurs. Correct Answer Incorrect Answer
    B It is focused solely on large-scale industrial funding. Correct Answer Incorrect Answer
    C It offers loans under three categories: Shishu, Kishor, and Tarun. Correct Answer Incorrect Answer
    D It supports non-corporate small business sectors. Correct Answer Incorrect Answer
    E It facilitates loans up to 10 lakh. Correct Answer Incorrect Answer

    Solution

    The Mudra Yojana is not focused on large-scale industrial funding but rather aims to provide micro-finance to small entrepreneurs to support non-corporate small business sectors.

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