- MUDRA provides loans up to ₹10 lakhs for micro-enterprises. - MUDRA promotes financial inclusion and targets priority groups like SC/ST entrepreneurs. - MUDRA's focus is on micro units, not medium scale industry.
Consider the following statements: 1. MUDRA in an agency for providing easy loans upto ₹ 10 lakhs to micro and small entrepreneurs. 2. SC/ST entrepreneurs will be given priority in providing loans under MUDRA. 3. MUDRA is a development and regulatory agency for medium scale industry. Which of the above statement(s) is/are true ?
Asked in PPSC CS Prelims 2015 · Topic: Money & Banking (Cooperative Banks and Development Financial Institutions (DFIs))
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