Question : What is the maximum amount of loan permissible under Pradhan Mantri MUDRA Yojana as of October 2022?
Option 1: INR 12 lakhs
Option 2: INR 5 lakhs
Option 3: INR 3 lakhs
Option 4: INR 10 lakhs
Correct Answer: INR 10 lakhs
Solution : The correct answer is INR 10 lakhs.
MUDRA stands for Micro Units Development & Refinance Agencies Ltd. Pradhan Mantri Mudra Yojana is a Government of India scheme which enables small borrowers to borrow from banks, Microfinance institutions and Non-Banking Finance corporations for loans up to a maximum limit of INR10 lakhs for non-farm income generating activities. Generally, these loans are given without collateral.
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Question : "Shishu", "Kishore", and "Tarun" are the types of loans under:
Option 1: Atal Pension Yojana
Option 2: Pradhan Mantri Suraksha Bima Yojana
Option 3: Pradhan Mantri Rojgar Protsahan Yojana
Option 4: Pradhan Mantri Mudra Yojana
Question : What is the amount of insurance coverage available for accidental death under the Pradhan Mantri Suraksha Bima Yojana (PMSBY)?
Option 1: INR 2 lakh
Option 2: INR 3 lakh
Option 3: INR 1 lakh
Option 4: INR 4 lakh
Question : What is the minimum amount of monthly pension permissible under the Atal Pension Yojana?
Option 1: INR 4000
Option 2: INR 1000
Option 3: INR 2000
Option 4: INR 3000
Question : What amount of "Seed Capital" is provided as support to a Self-Help Group under the Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme?
Option 1: INR 20,000
Option 2: INR 30,000
Option 3: INR 50,000
Option 4: INR 40,000
Question : As of October 2019, what is the maximum amount of loan granted by a scheduled commercial bank that is covered under the Credit Guarantee Fund Scheme for Micro and Small Enterprises?
Option 1: INR 150 lakh
Option 2: INR 200 lakh
Option 3: INR 50 lakh
Option 4: INR 100 lakh
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