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Question

Consider the following statements regarding Pradhan Mantri MUDRA Yojana
1. The average ticket size of loan disbursed has more than doubled between FY 2016 and FY 2025.
2. Since its launch in 2015, Maharashtra has recorded the highest disbursal among States.
Which of the statements given above is/are correct?

The correct answer is
1 only

To determine the correct option, let's evaluate each statement regarding the Pradhan Mantri MUDRA Yojana:

Statement 1: "The average ticket size of loan disbursed has more than doubled between FY 2016 and FY 2025."

This statement is correct. Over the years, the Pradhan Mantri MUDRA Yojana (PMMY) has seen an increase in the average loan size due to inflation, evolving business needs, and the program's objective to provide larger credit support to micro and small enterprises.

Statement 2: "Since its launch in 2015, Maharashtra has recorded the highest disbursal among States."

This statement is incorrect. Although Maharashtra is a key state in terms of economic activity, other states such as Tamil Nadu and Uttar Pradesh have typically led in terms of loan volume and value disbursed under the scheme based on various reports and statistical data related to PMMY.

Therefore, the correct option is 1 only, as the first statement is correct and the second is not.

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