Loans up to Rs 50 000 under MUDRA yojana is termed as ........

Economic and social issues(Phase-I/II) Rural Banking and financial institutions

Loans up to Rs. 50,000 under MUDRA yojana is termed as

This questions was previously asked in

Nabard grade-A,Previous year Memory Based Paper 18 Sept,2021

Tarun

Kishor

Shishu

Arun

Non of the above

- The MUDRA Yojana provides loans categorized into three segments, each based on the loan amount.

- Option 3: Shishu

- Loans up to Rs. 50,000.

- Designed for startups or new business ventures.

- Option 2: Kishor

- Loans from Rs. 50,001 to Rs. 5,00,000.

- For growing businesses.

- Option 1: Tarun

- Loans from Rs. 5,00,001 to Rs. 10,00,000.

- For well-established businesses aiming for expansion.

- Option 4: Arun

- Not a recognized category under MUDRA Yojana.

- Option 5: None of the above

- Clearly not applicable as we have correct categories above.

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