Government Schemes: MUDRA Loan Limit
CMAT 2023 · Innovation & Entrepreneurship · Medium · Innovation & Entrepreneurship
The start-up loans offered by MUDRA banks to small enterprises, businesses which are non-corporate, and non-farm small/micro enterprises is up to the limit of Rs ________ lacs.
- A.
20
- B.
10
- C.
40
- D.
30
Answer
B
Explanation
Under the MUDRA scheme (Tarun category), the maximum loan limit for micro/small non-corporate enterprises is Rs 10 lakhs.
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