Under the Prime Minister Mudra Yojna loans for income generating activities up to are termed as Shis...........

Current GK (MTS) Policy and Programmes

Under the Prime Minister Mudra Yojna, loans for income generating activities up to

______ are termed as Shishu loan

This questions was previously asked in

SSC MTS 13th October 2021 Shift-2

Rs50,000

Rs75,000

Rs60,000

Rs40,000

Let’s break this down clearly:

- Under the Prime Minister Mudra Yojana (PMMY), there are three types of loans: Shishu, Kishore, and Tarun.

- The Shishu loan is for the smallest business needs.

- Shishu loans cover amounts up to Rs50,000.

- Kishore is for loans above Rs50,000 and up to Rs5 lakh.

- Tarun is for loans above Rs5 lakh and up to Rs10 lakh.

Let’s check your options now:

- Option 1: Rs50,000 — This matches the PMMY guidelines exactly for Shishu.

- Option 2: Rs75,000 — This would actually fall in the Kishore category, not Shishu.

- Option 3: Rs60,000 — Again, this is above the Shishu cutoff, so it's Kishore.

- Option 4: Rs40,000 — This does fit under Shishu, but it’s not the upper limit.

So, Option 1 is the correct answer.

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