Practice mode Banking Awareness

Under the Pradhan Mantri MUDRA Yojana, launched in 2015, the ‘Shishu’ category covers loans up to what amount?

Correct answer D. Rs 50,000

Explanation

Launched on 8 April 2015, MUDRA loans are grouped into Shishu (up to Rs 50,000), Kishore and Tarun categories based on the stage of the business.

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