Module: General Practice
Q2: The Pradhan Mantri Mudra Yojana (PMMY) classifies loans into specific categories based on the stage of growth of the beneficiary unit. Which of the following correctly identifies the loan limit for the newly introduced "Tarun Plus" category?
✅ Correct Answer: B
🎯 Quick Answer:
The Tarun Plus category covers loans above ₹10 Lakh and up to ₹20 Lakh.Structural Breakdown: 1. Shishu: Up to ₹50,000.
2. Kishore: Above ₹50,000 and up to ₹5 Lakh.
3. Tarun: Above ₹5 Lakh and up to ₹10 Lakh.
4. Tarun Plus: Above ₹10 Lakh and up to ₹20 Lakh.
Historical Context: The "Tarun Plus" category was introduced (announced in Budget 2024-25) to support entrepreneurs who have successfully repaid their previous Tarun loans and need further capital for expansion.