2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In how many years has the MUDRA Loan scheme towards financial inclusion sanctioned 41 crore loans?
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5
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7
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8
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9
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Explanation:
Detailed explanation-1: -MUDRA Loan scheme towards financial inclusion sanctioned 41 crore loans in eight years. The Ministry of Finance announced that the Pradhan Mantri MUDRA Yojana (PMMY) has sanctioned 41 crore loans amounting to ₹23.2-lakh-crore in the past eight years.
Detailed explanation-2: -The Pradhan Mantri MUDRA Yojana (PMMY) was launched on 8th April 2015 by Prime Minister Shri Narendra Modi with the aim to facilitate easy collateral-free micro credit of up to ₹10 lakh to non-corporate, non-farm small and micro entrepreneurs for income generating activities.
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