Eduncle Asked an Mcq
October 18, 2019 9:32 am
The following statements relate to Mudra Yojana : Statement I : Mudra is an NBFC supporting development scheme of micro enterprise sector in the country. It provides refinance support to Bank/MFIs for lending to micro units having loan requirement up to Rs 10 lakh. Statement II : Mudra has created different products/schemes for refinancing loans. These interventions have been named 'Shishu', 'Kishor' and 'Tarun' to signify the state of growth/development and funding needs of the beneficiary micro unit/entrepreneur. Which of the following options is correct ?
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    Pradhan Mantri MUDRA Yojana (PMMY) is an NBFC supporting development of micro enterprise sector in the country. MUDRA provides refinance support to Banks / MFIs for lending to...
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