{"id":1831,"date":"2024-03-05T15:23:47","date_gmt":"2024-03-05T15:23:47","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=1831"},"modified":"2024-03-05T15:23:47","modified_gmt":"2024-03-05T15:23:47","slug":"micro-units-development-refinance-agency-mudra-is-related-to-a%c2%80%c2%93","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/micro-units-development-refinance-agency-mudra-is-related-to-a%c2%80%c2%93\/","title":{"rendered":"Micro Units Development Refinance Agency (MUDRA) is related to \u00e2\u0080\u0093"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Large Enterprise&#8221; option2=&#8221;Small Farm Enterprise&#8221; option3=&#8221;Non-farm Small\/Micro Enterprise&#8221; option4=&#8221;Medium Enterprise   &#8221; correct=&#8221;option3&#8243;]<!--more--><\/p>\n<p>The correct answer is (c). Micro Units Development Refinance Agency (MUDRA) is a government agency that provides loans to small businesses. It was established in 2015 with the goal of providing financial assistance to micro, small and medium enterprises (MSMEs). MUDRA offers loans in the range of Rs. 50,000 to Rs. 10 lakh, which are repayable over a period of 5 years. The loans are available to businesses in all sectors, including manufacturing, trading, services, and agriculture.<\/p>\n<p>Option (a) is incorrect because MUDRA does not provide loans to large enterprises. Large enterprises are defined as those with an annual turnover of more than Rs. 250 crore.<\/p>\n<p>Option (b) is incorrect because MUDRA does not provide loans to small farm enterprises. Small farm enterprises are defined as those with an annual turnover of less than Rs. 1 crore.<\/p>\n<p>Option (d) is incorrect because MUDRA does not provide loans to medium enterprises. Medium enterprises are defined as those with an annual turnover of more than Rs. 50 crore but less than Rs. 250 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Large Enterprise&#8221; option2=&#8221;Small Farm Enterprise&#8221; option3=&#8221;Non-farm Small\/Micro Enterprise&#8221; option4=&#8221;Medium Enterprise &#8221; correct=&#8221;option3&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[157],"tags":[],"class_list":["post-1831","post","type-post","status-publish","format-standard","hentry","category-microfinance","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Micro Units Development Refinance Agency (MUDRA) is related to \u00e2\u0080\u0093<\/title>\n<meta name=\"description\" content=\"Option (a) is incorrect because MUDRA does not provide loans to large enterprises. Large enterprises are defined as those with an annual turnover of more than Rs. 250 crore.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/micro-units-development-refinance-agency-mudra-is-related-to-a\u0080\u0093\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Micro Units Development Refinance Agency (MUDRA) is related to \u00e2\u0080\u0093\" \/>\n<meta property=\"og:description\" content=\"Option (a) is incorrect because MUDRA does not provide loans to large enterprises. 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Large enterprises are defined as those with an annual turnover of more than Rs. 250 crore.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/micro-units-development-refinance-agency-mudra-is-related-to-a\u0080\u0093\/","og_locale":"en_US","og_type":"article","og_title":"Micro Units Development Refinance Agency (MUDRA) is related to \u00e2\u0080\u0093","og_description":"Option (a) is incorrect because MUDRA does not provide loans to large enterprises. Large enterprises are defined as those with an annual turnover of more than Rs. 250 crore.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/micro-units-development-refinance-agency-mudra-is-related-to-a\u0080\u0093\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-03-05T15:23:47+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/micro-units-development-refinance-agency-mudra-is-related-to-a%c2%80%c2%93\/","url":"https:\/\/exam.pscnotes.com\/mcq\/micro-units-development-refinance-agency-mudra-is-related-to-a%c2%80%c2%93\/","name":"Micro Units Development Refinance Agency (MUDRA) is related to \u00e2\u0080\u0093","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2024-03-05T15:23:47+00:00","dateModified":"2024-03-05T15:23:47+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"Option (a) is incorrect because MUDRA does not provide loans to large enterprises. 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