{"id":628,"date":"2024-03-05T15:02:25","date_gmt":"2024-03-05T15:02:25","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=628"},"modified":"2024-03-05T15:02:25","modified_gmt":"2024-03-05T15:02:25","slug":"how-many-categories-are-there-in-mudra-yojana-to-provide-loan-for-self-employment-to-entrepreneurs-2","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/how-many-categories-are-there-in-mudra-yojana-to-provide-loan-for-self-employment-to-entrepreneurs-2\/","title":{"rendered":"How many categories are there in MUDRA Yojana to provide loan for self-employment to entrepreneurs ?"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Two&#8221; option2=&#8221;Three&#8221; option3=&#8221;Four&#8221; option4=&#8221;Five &#8221; correct=&#8221;option2&#8243;]<!--more--><\/p>\n<p>The correct answer is (b), three.<\/p>\n<p>MUDRA Yojana is a government of India scheme launched in 2015 to provide loans to small businesses. The scheme has three categories:<\/p>\n<ul>\n<li><strong>Shishu<\/strong>: Loans up to \u00e2\u0082\u00b950,000 are provided to micro-entrepreneurs who are just starting out.<\/li>\n<li><strong>Kishor<\/strong>: Loans up to \u00e2\u0082\u00b95 lakh are provided to small entrepreneurs who have been in business for a few years.<\/li>\n<li><strong>Tarun<\/strong>: Loans up to \u00e2\u0082\u00b910 lakh are provided to medium-sized entrepreneurs who have been in business for several years.<\/li>\n<\/ul>\n<p>The loans are provided by banks and non-banking financial companies (NBFCs). The interest rates are low and the repayment terms are flexible. The scheme is designed to help small businesses grow and create jobs.<\/p>\n<p>Here is a brief description of each option:<\/p>\n<ul>\n<li><strong>(a) Two:<\/strong> This option is incorrect because there are three categories in MUDRA Yojana.<\/li>\n<li><strong>(b) Three:<\/strong> This option is correct because there are three categories in MUDRA Yojana.<\/li>\n<li><strong>(c) Four:<\/strong> This option is incorrect because there are three categories in MUDRA Yojana.<\/li>\n<li><strong>(d) Five:<\/strong> This option is incorrect because there are three categories in MUDRA Yojana.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Two&#8221; option2=&#8221;Three&#8221; option3=&#8221;Four&#8221; option4=&#8221;Five &#8221; correct=&#8221;option2&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":["post-628","post","type-post","status-publish","format-standard","hentry","category-business","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>How many categories are there in MUDRA Yojana to provide loan for self-employment to entrepreneurs ?<\/title>\n<meta name=\"description\" content=\"MUDRA Yojana is a government of India scheme launched in 2015 to provide loans to small businesses. 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