- MUDRA is a refinancing agency for banks and MFIs lending to micro-enterprises. - It focuses on the non-corporate, non-farm micro-enterprise sector. - The three categories (Shishu, Kishor, Tarun) reflect the stage of growth and funding needs of the micro-unit.
Which of the following statements is/are correct? MUDRA stands for Micro Units Development and Refinance Agency Limited MUDRA has three schemes Shishu, Kishor and Tarun Mudra Scheme can fund heavy and big industries also MUDRA loans include business installment loan, commercial vehicle loan etc.
Asked in GPSC Prelims CSP 2 2019 · Topic: Money & Banking (Cooperative Banks and Development Financial Institutions (DFIs))
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