Pradhan Mantri Murda Yojana Flashcards
1
Q
Who launched in ?
A
Prime Minister Modi
2
Q
Whom does it provide loans to ?
A
Non-Corporate, Non-Farm small entrepreneurs
3
Q
Who provides the loans ?
A
Commercial banks, Cooperative banks, MFIs
4
Q
How many sub schemes are there ?
A
3
5
Q
What are the three sub schemes
A
Shishu (1 lakh)
Kishore (5 lakhs)
Tarun (10 lakhs)
6
Q
Do these loans need collateral ?
A
No
7
Q
Which ministry handles Mudra scheme ?
A
Ministry of Finance
8
Q
What does Mudra stand for ?
A
Micro Units Development and Refinance Agency Ltd
