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Q98 (UPPCS/2025) Economy › Schemes, Inclusion & Social Sector

Pradhan Mantri Mudra Yojana comes under which of the following ?
1. Ministry of Corporate Affairs
2. Ministry of Rural Development
3. Ministry of Finance
Select the correct answer from the code given below :
Code :

Result
Your answer: —  Â·  Correct: A

Explanation

The Pradhan Mantri Mudra Yojana (PMMY) is a flagship scheme launched by the Government of India on April 8, 2015. It aims to provide formal financial assistance to non-corporate, non-farm small and micro-enterprises. The scheme is administered by the Department of Financial Services (DFS) under the Ministry of Finance.

  • MUDRA (Micro Units Development & Refinance Agency Ltd.) acts as a refinancing institution for banks, NBFCs, and MFIs that lend to micro-units.
  • Loans are categorized into three products based on the stage of growth: Shishu (up to ₹50,000), Kishore (above ₹50,000 to ₹5 lakh), and Tarun (above ₹5 lakh to ₹10 lakh).

Since the scheme is a financial inclusion initiative managed through the banking and financial sector, it does not fall under the Ministry of Corporate Affairs or the Ministry of Rural Development.

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SIMILAR QUESTIONS

CDS-I · 2021 · Q73 Relevance score: 2.48

Which of the following statements about the Pradhan Mantri Gram Sadak Yojana are correct ? 1. It is part of Government of India’s poverty reduction strategy. 2. It is a centrally sponsored scheme for rural development. 3. It provides connectivity in rural areas. Select the correct answer using the code given below :

CAPF · 2024 · Q17 Relevance score: 2.39

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

CDS-I · 2026 · Q88 Relevance score: 2.10

Which of the following statements about 'Saansad Adarsh Gram Yojana' (SAGY) is/are correct ? 1. It comes under the Ministry of Parliamentary Affairs, Government of India. 2. It was launched in 2014 on the birth anniversary of Jayaprakash Narayan. 3. Mahatma Gandhi's vision of Gram Swaraj is the inspiration behind this scheme. Select the answer using the codes given below :

UPPCS · 2024 · Q114 Relevance score: 1.47

Arrange the following schemes launched by the Government of India in chronological order and choose the correct answer from the codes given below :
1. Integrated Rural Development Programme
2. Swarnjayanti Gram Swarozgar Yojana
3. National Rural Employment Guarantee Act
4. Pradhan Mantri Jan-Dhan Yojana
Codes :

IAS · 2018 · Q78 Relevance score: 1.32

With reference to Pradhan Mantri Kaushal Vikas Yojana, consider the following statements : 1. It is the flagship scheme of the Ministry of Labour and Employment. 2. It, among other things, will also impart training in soft skills, entrepreneurship, financial and digital literacy. 3. It aims to align the competencies of the unregulated workforce of the country to the National Skill Qualification Framework. Which of the statements given above is/are correct ?