Current Affairs · Government Schemes
A scheme provides collateral-free loans to micro and small enterprises under three categories: Shishu, Kishore, and Tarun. Consider the following statements with respect to the Pradhan Mantri Mudra Yojana (PMMY): 1. The scheme was launched in 2015 to provide loans up to ₹10 lakh to small entrepreneurs. 2. Shishu category covers loans up to ₹50,000; Kishore covers ₹50,001–₹5 lakh; Tarun covers ₹5–₹10 lakh. 3. Loans under PMMY are guaranteed directly by the Reserve Bank of India (RBI). Which of the above statements is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 11 and 3 only
- 22 and 3 only
- 31 and 2 only✓
- 41 only
Correct answer
1 and 2 only
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Government Schemes MCQs →Want more practice questions on Government Schemes?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Government Schemes