How many categories are there in MUDRA Yojana to provide loan for self-employment to entrepreneurs ?

Two
Three
Four
Five

The correct answer is (b), three. The three categories of MUDRA Yojana are:

  • Shishu: Loans up to Rs. 50,000 are provided to micro-entrepreneurs who are just starting out.
  • Kishor: Loans up to Rs. 5 lakh are provided to small entrepreneurs who have been in business for a few years and have a track record of success.
  • Tarun: Loans up to Rs. 10 lakh are provided to medium-sized entrepreneurs who have a well-established business and are looking to expand.

MUDRA Yojana is a government-backed scheme that provides loans to micro, small and medium enterprises (MSMEs). The scheme was launched in 2015 with the aim of providing financial assistance to entrepreneurs who are unable to obtain loans from traditional sources such as banks.

MUDRA Yojana has been successful in providing loans to millions of entrepreneurs across India. The scheme has helped to create jobs and boost economic growth.

Here is a brief description of each option:

  • (a) Two: This option is incorrect because there are three categories of MUDRA Yojana.
  • (b) Three: This option is correct because there are three categories of MUDRA Yojana.
  • (c) Four: This option is incorrect because there are three categories of MUDRA Yojana.
  • (d) Five: This option is incorrect because there are three categories of MUDRA Yojana.