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SSC CPO 2020 PYQ — Question 97

SSC CPO - 25 Nov 2020 - Shift 1 • General Awareness • Q97

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‘Shishu’ ‘Kishore’ and ‘Tarun’ are the types of loans under:

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Correct answer: D

Explanation

The correct answer is Option 4 i.e. Pradhan Mantri Mudra Yojana.

‘Shishu,’ ‘Kishore,’ and ‘Tarun’ are the types of loans under the Pradhan Mantri Mudra Yojana (PMMY). This scheme, launched by the Government of India, provides financial support to micro and small enterprises.

  • Shishu loans are for new businesses requiring up to ₹50,000.
  • Kishore loans are for businesses needing between ₹50,000 and ₹5 lakh.
  • Tarun loans are for enterprises seeking between ₹5 lakh and ₹10 lakh.