CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
As per the report, What percentage of loans have been given to Women Entrepreneurs under PMMY?
A
66%
B
50%
C
68%
D
70%
Explanation: 

Detailed explanation-1: -Pradhan Mantri Mudra Yojana is a Government of India scheme, which enables a small borrower to borrow from banks, MFIs, NBFCs for loans upto 10 lakh for non farm income generating activities. Generally, loans upto ‘ 10 lakh issued by banks under Micro Small Enterprises is given without collaterals.

Detailed explanation-2: -Mudra. Pradhan Mantri MUDRA Yojana (PMMY) provides loans upto 10 lakhs to the non-corporate, non-farm small/micro enterprises. Watch some of the achievers from all over India tell their stories, in the language of your choice…

Detailed explanation-3: -Pradhan Mantri MUDRA Yojana (PMMY) Shishu : covering loans upto 50, 000/- Kishor : covering loans above 50, 000/- and upto 5 lakh. Tarun : covering loans above 5 lakh and upto 10 lakh.

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