SarkariPYQ

SSC CPO 2024 PYQ — Question 91

SSC CPO - 28 June 2024 - Shift 3 • General Awareness • Q91

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How much percentage of the capital of MUDRA is contributed by SIDBI?

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Correct answer: B

Explanation

The correct answer is option 2 i.e. 100.

  1. The Small Industries Development Bank of India (SIDBI) contributes 100% of the capital of MUDRA (Micro Units Development and Refinance Agency).
  2. MUDRA was established by the Government of India to provide financial support to micro, small, and medium enterprises (MSMEs).
  3. SIDBI, as a key partner in this initiative, plays a vital role in the funding and refinancing operations of MUDRA, ensuring that small businesses and entrepreneurs have access to affordable credit for growth and development.