PM Mudra Yojana MCQs: Loan Disbursals & Impact on MSMEs

1.

Mudra loans are extended by which of the following institutions?

A Only Public Sector Banks and Regional Rural Banks.

B All Scheduled Commercial Banks, RRBs, Small Finance Banks, MFIs, and NBFCs.

C Only Micro Finance Institutions (MFIs).

D Only Private Sector Banks.

2.

A key feature of Mudra loans that significantly contributes to financial inclusion for small entrepreneurs is that they are:

A Provided only to existing bank account holders.

B Collateral-free.

C Exclusively for women entrepreneurs.

D Available only for manufacturing sector businesses.

3.

Which of the following is NOT a category of loan offered under the Pradhan Mantri Mudra Yojana (PMMY)?

A Shishu

B Kishore

C Yuva

D Tarun

4.

Under the Pradhan Mantri Mudra Yojana (PMMY), what is the maximum loan amount that can be sanctioned?

A ₹1 Lakh

B ₹5 Lakh

C ₹10 Lakh

D ₹20 Lakh

5.

What is the primary objective of the Pradhan Mantri Mudra Yojana (PMMY)?

A To provide housing loans to urban poor.

B To fund large-scale industrial projects.

C To provide collateral-free loans to small entrepreneurs for income-generating activities.

D To offer educational loans to students pursuing higher studies abroad.

6.

When was the Pradhan Mantri Mudra Yojana (PMMY) officially launched in India?

A April 8, 2014

B April 8, 2015

C May 1, 2016

D January 26, 2017

Government Schemes & Programs MCQs - 2026-04-25