Schemes offered by MUDRA bank

Q.  Which of the following is not a schemes offered by MUDRA bank?
- Published on 16 Sep 15

a. Shishu
b. Nari
c. Kishor
d. Tarun

ANSWER: Nari
 
The primary product of MUDRA will be refinance for lending to micro businesses / units under the aegis of the Pradhan Mantri MUDRA Yojana. The initial products and schemes under this umbrella have already been created and the interventions have been named ‘Shishu’, ‘Kishor’ and ‘Tarun’ to signify the stage of growth / development and funding needs of the beneficiary micro unit / entrepreneur as also provide a reference point for the next phase of graduation / growth for the entrepreneur to aspire for:

1. Shishu: covering loans upto Rs. 50,000/-
2. Kishor: covering loans above Rs. 50,000/- & upto Rs. 5 lakh
3. Tarun: covering loans above Rs. 5 lakh & upto Rs. 10 lakh

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