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  9. Q79

CGPSC 2017 · Question 79 of 100

How much loan amount will be granted by bank under "Pradhan Mantri Mudra Yojana" for industry, business and service under "Kishor enterprise"?

General Knowledge

  1. ARs. 50,000
  2. BMore than Rs. 50,000 and upto Rs. 1,00,000
  3. CMore than Rs. 1,00,000 and upto Rs. 5,00,000
  4. DMore than Rs. 50,000 and upto Rs. 5,00,000Correct
  5. ENone of these

Answer: D. More than Rs. 50,000 and upto Rs. 5,00,000

Explanation

The Pradhan Mantri Mudra Yojana (PMMY) is a flagship scheme of the Government of India launched in 2015 to facilitate collateral-free loans to micro and small enterprises. The primary objective of this Yojana is to provide financial assistance to non-corporate, non-farm small/micro enterprises for income-generating activities.

Source: CGPSC 2017 official paper

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