Pradhan Mantri Murda Yojana Flashcards Preview

Government Schemes - UPSC > Pradhan Mantri Murda Yojana > Flashcards

Flashcards in Pradhan Mantri Murda Yojana Deck (8)
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1
Q

Who launched in ?

A

Prime Minister Modi

2
Q

Whom does it provide loans to ?

A

Non-Corporate, Non-Farm small entrepreneurs

3
Q

Who provides the loans ?

A

Commercial banks, Cooperative banks, MFIs

4
Q

How many sub schemes are there ?

A

3

5
Q

What are the three sub schemes

A

Shishu (1 lakh)
Kishore (5 lakhs)
Tarun (10 lakhs)

6
Q

Do these loans need collateral ?

A

No

7
Q

Which ministry handles Mudra scheme ?

A

Ministry of Finance

8
Q

What does Mudra stand for ?

A

Micro Units Development and Refinance Agency Ltd