November Quiz

Question 1/5
Q1. With reference the Pradhan Mantri MUDRA Yojana (PMMY), consider the following statements:
  1. Banks can draw refinance under the Scheme after becoming member-lending institutions of MUDRA.
  2. Mudra Loans are available for agricultural activities up to Rs. 5 lakh.
  3. Loans under the MUDRA Yojana are collateral-free loans.

How many of the statements given above are correct?