Question : Which government scheme focuses on supporting micro and small enterprises?
Option 1: Make in India
Option 2: Pradhan Mantri Mudra Yojana
Option 3: Atal Innovation Mission
Option 4: Startup India
Correct Answer:
Pradhan Mantri Mudra Yojana
Solution : The correct answer is (b) Pradhan Mantri Mudra Yojana.
Pradhan Mantri Mudra Yojana (PMMY) is a government scheme that focuses on supporting micro and small enterprises (MSEs) in India. The scheme aims to provide financial assistance and access to credit for entrepreneurs and small businesses in various sectors.The objective of PMMY is to provide access to finance and support the growth of micro and small businesses, which form a significant portion of the Indian economy. By facilitating access to credit, the scheme aims to promote entrepreneurship, generate employment opportunities, and contribute to the overall development and prosperity of micro and small enterprises in India.