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PPSC PCS 2015 · Question 68 of 100

Consider the following statements: 1. MUDRA in an agency for providing easy loans up to ₹ 10 lakhs to micro and small entrepreneurs. 2. SC/ST entrepreneurs will be given priority in providing loans under MUDRA. 3. MUDRA is a development and regulatory agency for medium scale industry. Which of the above statement (s) is/are true?

Economy

  1. A1 only
  2. B2 and 3
  3. C1 and 2Correct
  4. D3 only

Answer: C. 1 and 2

Explanation

Statements 1 and 2 are true — MUDRA gives micro loans up to ₹10 lakh with priority to SC/ST entrepreneurs; it is not a regulator of medium industry.

Source: https://cdn.mindspritesolutions.com/examrace/SPSC/Punjab-PSC/Punjab-PSC-Past-Papers/Punjab-Civil-Service-2015-Official-Paper-1-Part-1.pdf

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