Economics · Government Schemes
What is the primary objective of the Pradhan Mantri MUDRA Yojana (PMMY)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1To offer commercial subsidies exclusively to large-scale agricultural cooperatives
- 2To directly regulate and cap interest rates for all private microfinance lenders
- 3To extend formal collateral-free institutional credit to non-corporate, non-farm micro and small enterprises✓
- 4To provide high-volume corporate financing to listed multi-national companies
Correct answer
To extend formal collateral-free institutional credit to non-corporate, non-farm micro and small enterprises
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 Economics?
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 Economics · Government Schemes