Up to what limit, the small entrepreneurs can get credit from the MUDRA Bank?

Up to what limit, the small entrepreneurs can get credit from the MUDRA Bank?
[A]Five
[B]Ten
[C]Fifteen
[D]Twenty

Ten
Prime Minister Narendra Modi launched Micro Units Development Refinance Agency (MUDRA) with a corpus of Rs 20,000 crore, and credit guarantee corpus of Rs 3,000 crore. It has been launched under Pradhan Mantri Mudra Yojana. The bank will provide credit of up to Rs 10 lakh to small entrepreneurs and act as a regulator for ‘Micro-Finance Institutions’ (MFIs).

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This question "Up to what limit, the small entrepreneurs can get credit from the MUDRA Bank?" was published on GKToday on April 13, 2015 at 10:34 am. For Current Affairs Questions Archive Click Here. For General Knowledge Questions Archive Click Here.

Comments

  • Dc
    Reply

    It has been launched under Pradhan Mantri Mudra Yojana. (not PMJDY)