Question

    Where is the Head Office of MUDRA

    Bank?
    A Mumbai Correct Answer Incorrect Answer
    B New Delhi Correct Answer Incorrect Answer
    C Lucknow Correct Answer Incorrect Answer
    D Bangalore Correct Answer Incorrect Answer
    E Ahmedabad Correct Answer Incorrect Answer

    Solution

    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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