📝 One-liners · 65 cards
PMMY and BASELIII
What does PMMY stand for?
PMMY stands for Pradhan Mantri MUDRA Yojana, a government scheme launched in April 2015 to provide loans up to Rs. 10 lakh to non-corporate, non-farm small and micro enterprises.
What is the loan amount range under the Shishu category of PMMY?
Up to Rs. 50,000
Under which Act was MUDRA established?
MUDRA (Micro Units Development and Refinance Agency) was established under the MUDRA Act as a statutory body, initially set up as a subsidiary of SIDBI.
What is the loan amount range under the Kishor category of PMMY?
Rs. 50,001 to Rs. 5 lakh
🔒
Unlock 65 revision one-liners
Interactive flashcard deck — flip every card to drill questions and answers, mark the ones you got wrong, and revise smarter for PMMY and BASELIII.
🪙
Unlock cost
300 coins
30-day access · re-unlocks free for 30 days