CGPSC Prelims General Studies 2025 Solved Paper 1

Concept:Pradhan Mantri Mudra Yojana (PMMY) provides collateral-free loans to non-farm micro and small enterprises.Explanation:PMMY was launched in April $2015$. It supports small businesses through institutional credit. Loans are divided into four main categories. Shishu: loans up to $\text{Rs. }50,000$. Kishore: loans from $\text{Rs. }50,001$ to $\text{Rs. }5\text{ lakh}$. Tarun: loans from $\text{Rs. }5\text{ lakh}$ to $\text{Rs. }10\text{ lakh}$. Tarun Plus: loans from $\text{Rs. }10\text{ lakh}$ to $\text{Rs. }20\text{ lakh}$. Thus, the highest loan limit under PMMY is $\text{Rs. }20\text{ lakh}$, available under Tarun Plus. The scheme mainly targets self-employment, women entrepreneurs, and weaker sections. It is implemented by banks, RRBs, small finance banks, cooperative banks, and microfinance institutions.Answer:Rupees $20$ Lakh (Option C).