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Up to what limit , the small entrepreneurs can get credit from the MUDRA Bank ?

+2 votes
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Up to what limit , the small entrepreneurs can get credit from the MUDRA Bank ?

  1. Five
  2. Ten
  3. Fifteen
  4. Twenty
posted Apr 22, 2015 by Rahul Vaidya

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1 Answer

0 votes

Ten

Prime Minister Narendra Modi launched Micro Units Development Refinance Agency (MUDRA) with a corpus of Rs 20,000 crore, and credit guarantee corpus of Rs 3,000 crore. It has been launched under Pradhan Mantri Mudra Yojana. The bank will provide credit of up to Rs 10 lakh to small entrepreneurs and act as a regulator for ‘Micro-Finance Institutions’ (MFIs)

answer Apr 22, 2015 by Manikandan J
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