GOVERNMENT SCHEMES
Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Principles and Practices of Banking — JAIIB.
One-liners from this chapter
Free sample — 8 of 66 rapid-fire Q&A cards.
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.
Under the Stand-Up India scheme, who are the target beneficiaries?
Stand-Up India targets at least one Scheduled Caste/Scheduled Tribe borrower and one woman borrower per bank branch for greenfield enterprise loans between Rs. 10 lakh and Rs. 1 crore.
Under the Stand-Up India scheme, what is the minimum loan amount sanctioned?
Rs. 10 lakh is the minimum loan amount.
What is the maximum loan amount under the Stand-Up India scheme?
The maximum loan amount under Stand-Up India is Rs. 1 crore, which can cover up to 75% of the project cost including term loan and working capital.
What is the loan amount offered in the third tranche under PM SVANidhi?
Rs. 50,000 is the third tranche loan amount.
Video classes for this chapter
GOVERNMENT SCHEMES PART 3
GOVERNMENT SCHEMES PART 2
GOVERNMENT SCHEMES PART 4
Government Schemes Part 1
GOVERNMENT SCHEMES PART 2
GOVERNMENT SCHEMES PART 3
More chapters in Module B - Lending Operations of Banks
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