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  9. Q1

CGPSC 2024 · Question 1 of 100

What is the maximum limit of loan at present, provided under the Prime Minister Mudra Yojana ?

Economy

  1. ARupees 10 Lakh
  2. BRupees 15 Lakh
  3. CRupees 20 LakhCorrect
  4. DRupees 25 Lakh

Answer: C. Rupees 20 Lakh

Explanation

Prime Minister Mudra Yojana Loan Limit Explained The Prime Minister Mudra Yojana (PMMY) is a significant initiative by the Government of India aimed at providing financial support to micro and small enterprises. The scheme facilitates loans up to Rupees 10 Lakh for non-corporate, non-farm small or micro-enterprises.

Source: CGPSC 2024 official paper

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