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Prelims 2016 · Q73 · Schemes & welfare

Pradhan Mantri MUDRA Yojana is aimed at

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Answer: A. Pradhan Mantri MUDRA Yojana (2015) gives loans up to Rs 10 lakh to small and micro enterprises, bringing small business owners into the formal financial system.

Watch for: Students who do not know the MUDRA full form guess another welfare goal.

Why the other options are wrong
  • B. Wrong because it is not a crop loan scheme for farmers.
  • C. Wrong because it is not a pension scheme.
  • D. Wrong because it lends to micro enterprises, not NGOs for skilling.

Source to check: MUDRA official website (mudra.org.in); Department of Financial Services, PIB release, 8 April 2015

Answer from the official UPSC key. Written and fact-checked by AI against the official key. Spotted a mistake? Report it.