Who launched the Pradhan Mantri Mudra Yojana?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Narendra Modi.
The Pradhan Mantri Mudra Yojana (PMMY) was launched by Prime Minister Narendra Modi on 8 April 2015. The scheme aims to provide financial support to micro and small enterprises by offering loans up to ₹10 lakh through banks, microfinance institutions, and non-banking financial companies. The loans are categorised as Shishu, Kishore, and Tarun, depending on the amount and stage of growth of the enterprise. PMMY encourages self-employment and entrepreneurship, helping small businesses grow and contribute to the economy.