Question
Under which scheme are collateral free loans of up to ₹10 Lakh extended by the Member Lending Institutions (MLIs) in India?
The correct answer is
Pradhan Mantri MUDRA Yojana
Pradhan Mantri MUDRA Yojana provides collateral-free loans for entrepreneurs.
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Important Questions from Payment and Small Finance Banks
In which of the following cities is the corporate office of North East Small Finance Bank located?
The 'Make in India' initiative primarily focuses on which sector?
The real name of Babur, the founder of Mughal dynasty in India was:
In relation to payment banks, which of the following statements is INCORRECT?
____ was the first payments bank to start its commercial operation in November 2016 on a pilot basis.
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