Question : What is the Pradhan Mantri Mudra Yojana?
Option 1: A loan scheme
Option 2: A scheme for free medicines
Option 3: An insurance scheme
Option 4: An employment Scheme
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Correct Answer: A loan scheme
Solution : The correct answer is A loan scheme .
MUDRA stands for Micro Unit Development and Refinance Agency. The Pradhan Mantri Mudra Yojana is a loan scheme launched on April 8, 2015, by Prime Minister Narendra Modi. It is a scheme under which up to a Rs. 10 lakh loan is provided by the government of India. This scheme aims to provide financial assistance to small and medium enterprises.
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