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Q17 (CAPF/2024) Economy › Schemes, Inclusion & Social Sector › Schemes, Inclusion & Social Sector

Which of the following statements is NOT correct for Pradhan Mantri Mudra Yojana (PMMY)? (a) It was launched in 2015 (b) It grants loans of up to ₹15 lakhs for income generating manufacturing, trading and services sectors (c) Under this scheme only the term loan requirements can be met and not the working capital requirements (d) There is no insistence on collateral for the sanction of loan

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Your answer: —  ·  Correct: B
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