MCQs on Pradhan Mantri Mudra Yojana (PMMY) for UPSC/SSC

1.

How do Mudra loans contribute to employment generation in India?

A By directly recruiting individuals into government jobs.

B By providing capital for the establishment and expansion of small businesses, leading to job creation.

C By offering unemployment benefits to job seekers.

D By funding large-scale automation projects in industries.

2.

Mudra loans are primarily aimed at providing financial assistance to which of the following sectors to boost growth and employment?

A Large Public Sector Undertakings (PSUs)

B Multinational Corporations (MNCs)

C Micro, Small, and Medium Enterprises (MSMEs)

D Government departments and agencies

3.

What is the maximum loan amount that can be availed under the 'Tarun' category of Mudra loans?

A ₹50,000

B ₹5 lakh

C ₹10 lakh

D ₹20 lakh

4.

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

A To provide large corporate loans for infrastructure projects.

B To offer educational loans for higher studies abroad.

C To provide financial assistance to non-corporate, non-farm small/micro-enterprises.

D To fund agricultural subsidies for large farmers.

5.

Which of the following is NOT one of the three product categories of loans under Pradhan Mantri Mudra Yojana (PMMY)?

A Shishu

B Kishor

C Yuva

D Tarun

6.

When was the Pradhan Mantri Mudra Yojana (PMMY) officially launched by the Prime Minister of India?

A April 8, 2014

B April 8, 2015

C May 15, 2016

D January 26, 2017

Government Schemes & Programs MCQs - 2026-06-02