JAIIB · PPB

[OLD] GOVERNMENT SPONSORED SCHEMES

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Principles and Practices of Banking — JAIIB.

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What is the primary objective of Government Sponsored Schemes in Indian banking?

Government Sponsored Schemes aim to provide institutional credit to weaker sections and priority sector borrowers who lack access to formal banking, thereby promoting financial inclusion and socio-economic development.

What is the loan limit for the 'Tarun' category under Pradhan Mantri Mudra Yojana?

Loans above Rs. 5 lakh up to Rs. 10 lakh.

Which apex body oversees and coordinates the implementation of Government Sponsored Schemes at the national level?

NABARD (National Bank for Agriculture and Rural Development) plays a key coordinating role for rural and agricultural government sponsored schemes, while other apex bodies like SIDBI oversee MSME-related schemes.

What is the loan range under the 'Kishore' category of PMMY?

Loans above Rs. 50,000 up to Rs. 5 lakh.

What is the Pradhan Mantri Mudra Yojana (PMMY) and its primary target group?

PMMY provides loans up to Rs. 10 lakh to non-corporate, non-farm small and micro enterprises. It targets self-employed individuals, small business owners, and artisans who need credit for income-generating activities.

What is the maximum loan amount under the 'Shishu' category of Mudra Yojana?

Up to Rs. 50,000 for micro enterprises.

Under PMMY, what are the three categories of Mudra loans?

The three categories are Shishu (loans up to Rs. 50,000), Kishore (loans from Rs. 50,001 to Rs. 5 lakh), and Tarun (loans from Rs. 5 lakh to Rs. 10 lakh).

What is the minimum loan amount sanctioned under the Stand-Up India scheme?

Minimum Rs. 10 lakh per beneficiary.

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