Question : Statement 1: The Pradhan Mantri Mudra Yojana provides loans to unemployed individuals for starting their own business.
Statement 2: Mudra loans are primarily targeted at micro and small enterprises in India.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true, statement 2 is false.
Option 4: Statement 1 is false, statement 2 is true.
Correct Answer: Both statements are true.
Solution : The correct answer is (a) Both statements are true.
Statement 1: The Pradhan Mantri Mudra Yojana provides loans to individuals, including self-employed individuals, for starting or expanding their own business. These loans are available to both unemployed and employed individuals.
Statement 2: Mudra loans are primarily targeted at micro and small enterprises in India. The scheme aims to support the development and growth of micro and small enterprises by providing financial assistance in the form of loans.
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