Question

Which of the following statements are correct?
(A) MUDRA loans under PMMY include Shishu Category
(B) MUDRA loans under PMMY include Kishore Category
(C) MUDRA loans under PMMY include Shaishav Category
(D) MUDRA loans under PMMY include Tarun Category
(E) MUDRA loans under PMMY include Vyask Category
Choose the correct answer from the options given below:

• A. (C), (B) and (E) only
• B. (C), (B) and (D) only
• C. (A), (B) and (E) only
• D. (A), (B) and (D) only

Answer 1

The Correct Option is D

MUDRA loans under the Pradhan Mantri Mudra Yojana (PMMY) consist of three categories: Shishu (loans up to 50,000), Kishore (50,001 to 5,00,000), and Tarun (5,00,001 to 10,00,000). These categories are designed to support different stages of micro and small enterprises’ growth. ”Shaishav” and ”Vyask” are not part of the scheme.