Module: General Practice
Q25: In a major boost to entrepreneurship, the Union Budget 2026-27 announced the enhancement of the loan limit under the Pradhan Mantri Mudra Yojana (PMMY) for the 'Tarun Plus' category. What is the new maximum loan limit?
✅ Correct Answer: A
The limit has been formalized at Rupees 20 Lakh.
The Union Budget 2026-27 confirmed the operationalization of the 'Tarun Plus' category, doubling the limit from the previous 10 Lakh.
This is for borrowers who have successfully repaid previous loans, aiding small businesses in expansion.
The Union Budget 2026-27 confirmed the operationalization of the 'Tarun Plus' category, doubling the limit from the previous 10 Lakh.
This is for borrowers who have successfully repaid previous loans, aiding small businesses in expansion.