CBSE · Class 11 · Business Studies · Small Business and EnterprisesWhich scheme was launched by the Government of India to provide collateral-free loans up to Rs. 10 lakh to micro enterprises?
Step-by-Step Solution
Pradhan Mantri Mudra Yojana (PMMY) was launched to provide formal banking credit up to Rs. 10 lakh to non-corporate, non-farm small/micro enterprises.
Detailed Options Breakdown
Option : Pradhan Mantri Mudra Yojana (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 1: Make in India
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Small Business and Enterprises.
Option 2: Startup India
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Small Business and Enterprises.
Option 3: Digital India
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Small Business and Enterprises.
💡 Study Guide: This question tests core syllabus concepts from Small Business and Enterprises. For formulas, key summaries, and mock exam reference guides, read the full Small Business and Enterprises Revision Notes.