Which among the following statement is are correct regarding the Mukhyamantri Udyami Kranti Yoj...........

Madhya Pradesh Polity and Governance

Which among the following statement is/are correct regarding the Mukhyamantri Udyami Kranti Yojana?

1. The benefit of this scheme will be available to the minimum 12th class pass youth of Madhya Pradesh.

2. Under this scheme, projects ranging from one lakh to 50 lakh rupees for manufacturing units and one lakh to 25 lakh rupees for service units or retail business will be approved.

1 only

2 only

Both 1 and 2

Neither 1 nor 2

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Explanation:

Mukhyamantri Udyami Kranti Yojana

The benefit of this scheme will be available to the minimum 12th class pass youth of Madhya Pradesh between the age of 18 to 40 years. Under this scheme, projects ranging from one lakh to 50 lakh rupees for manufacturing units and one lakh to 25 lakh rupees for service units or retail business will be approved.