Module: General Practice
Q65: The Pradhan Mantri MUDRA Yojana (PMMY) classifies loans into three categories based on the stage of growth. Match the category with the correct standard loan limit:
Shishu
Kishore
Tarun
Kishore
Tarun
✅ Correct Answer: A
Correct Option: A Concept: PMMY (MUDRA) Loan Categories.
Context: PMMY provides refinance support for "funding the unfunded." Categories: 1. Shishu (Child): Loans up to ₹50,000 (For starters). 2. Kishore (Adolescent): Loans above ₹50,000 and up to ₹5 Lakh (For established units). 3. Tarun (Young Adult): Loans above ₹5 Lakh and up to ₹10 Lakh (For expansion). (Note: A "Tarun Plus" category up to ₹20 Lakh exists for those who have successfully repaid previous Tarun loans, but the standard Tarun limit remains ₹10 Lakh).
Context: PMMY provides refinance support for "funding the unfunded." Categories: 1. Shishu (Child): Loans up to ₹50,000 (For starters). 2. Kishore (Adolescent): Loans above ₹50,000 and up to ₹5 Lakh (For established units). 3. Tarun (Young Adult): Loans above ₹5 Lakh and up to ₹10 Lakh (For expansion). (Note: A "Tarun Plus" category up to ₹20 Lakh exists for those who have successfully repaid previous Tarun loans, but the standard Tarun limit remains ₹10 Lakh).