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GOVERNMENT SCHEMES
What is the primary objective of the Pradhan Mantri Mudra Yojana (PMMY)?
PMMY aims to provide institutional credit up to Rs. 10 lakh to non-corporate, non-farm small/micro enterprises to promote entrepreneurship and self-employment.
What is the loan amount offered to street vendors in the second tranche under PM SVANidhi?
Rs. 20,000 is the second tranche loan amount.
What are the three loan categories under the Mudra scheme?
The three categories are Shishu (up to Rs. 50,000), Kishore (Rs. 50,001 to Rs. 5 lakh), and Tarun (Rs. 5 lakh to Rs. 10 lakh).
What is the full form of PMEGP?
Prime Minister's Employment Generation Programme.
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