Government Schemes MCQs for Competitive Exams

21.

The Nari Shakti Digital Literacy Mission aims to empower women by providing them with essential digital skills. Which of the following is a primary objective of this mission?

A To provide advanced coding training to women.

B To enhance digital literacy and access to information for women, especially in rural areas.

C To create a dedicated social media platform for women.

D To promote online gaming among women.

22.

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.

23.

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.

24.

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

25.

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

26.

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.

27.

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

28.

Which segment of society has consistently accounted for the majority of loan accounts under the Mudra Yojana?

A Large Scale Industrialists

B Women Entrepreneurs

C Foreign Institutional Investors

D Government Contractors

29.

Which of the following is a key feature of loans provided under the Mudra Yojana to boost financial inclusion?

A Requirement of hard collateral

B Collateral-free loans

C Only for Public Sector Employees

D Minimum loan amount of ₹10 Lakh

30.

MUDRA (Micro Units Development & Refinance Agency Ltd.) is a wholly-owned subsidiary of which institution?

A Reserve Bank of India (RBI)

B NABARD

C SIDBI

D State Bank of India (SBI)

Government Schemes & Programs MCQs