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Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q66: Under the Pradhan Mantri Mudra Yojana (PMMY), a new loan category titled "Tarun Plus" was operationalized in late 2024. What is the maximum loan limit available under this specific category?

A
₹10 Lakh
B
₹15 Lakh
C
₹20 Lakh
D
₹25 Lakh
✅ Correct Answer: C
The "Tarun Plus" category offers loans above ₹10 Lakh and up to ₹20 Lakh.
The structure of the scheme is as follows: Shishu covers loans up to ₹50,000.
Kishore covers loans above ₹50,000 to ₹5 Lakh.
Tarun covers loans above ₹5 Lakh to ₹10 Lakh.
The new Tarun Plus category covers loans above ₹10 Lakh to ₹20 Lakh.
This category is available only to entrepreneurs who have successfully availed and repaid a previous loan under the "Tarun" category.