Q. What is the maximum loan amount allowed under "Mudra Yojana"?
Answer:
Rs. 10 lakh
Notes: Under Pradhan Mantri Mudra Yojana (PMMY), loans are issued by banks and microfinance institutions (MFIs) in three categories: Shishu (loans up to Rs 50,000); Kishor (loans from Rs 50,000 to Rs 5 lakh); Tarun (loan from Rs 5 lakh to Rs 10 lakh)