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Match the Pradhan Mantri Mudra Yojana categories with their respective loan amounts as updated in the Union Budget 2023-24:
| List-I (Mudra Loans Categories) | List-II (Loan Amount) |
|---|---|
| (1) Shishu | (A) Upto ₹50,000 |
| (2) Kishor | (B) Above ₹50,000 and up to ₹5 lakh |
| (3) Tarun | (C) Above ₹5 lakh and up to ₹10 lakh |
| (4) Tarun Plus | (D) Above ₹10 lakh and up to ₹20 lakh |
Choose the correct answer from the options given below:
B, 2 - A, 3 - D, 4 - C
A, 2 - C, 3 - B, 4 - D
A, 2 - B, 3 - D, 4 - C
A, 2 - B, 3 - C, 4 - D
A, 2 - B, 3 - C, 4 - D
Memorize the sequence order: Shishu (Smallest), Kishor (Middle), Tarun (Highest), and the recently added Tarun Plus segment (highest extension).
The Pradhan Mantri Mudra Yojana (PMMY) loan categories and their respective limits as defined by the Government of India.
L={S,K,T,TP}⟹{A,B,C,D}
Memorize the sequence order: Shishu (Smallest), Kishor (Middle), Tarun (Highest), and the recently added Tarun Plus segment (highest extension).
Confusing the Tarun limit (10lakh)withthenewTarunPluslimit(20 lakh) introduced in recent budgetary updates.
Analyze Shishu Category
Shishu loans cover the smallest requirements for new startups, which are limited to ₹50,000. Matches (1) with (A).
1→A
Analyze Kishor Category
Kishor loans are for established units needing growth, ranging from ₹50,001 to ₹5,00,000. Matches (2) with (B).
2→B
Analyze Tarun Category
Tarun loans are for businesses requiring expansion funds from ₹5,00,001 to ₹10,00,000. Matches (3) with (C).
3→C
Analyze Tarun Plus Category
Tarun Plus was introduced to extend credit limits from ₹10,00,001 to ₹20,00,000. Matches (4) with (D).
4→D
D is correct because it accurately maps each category to the specific loan slab as per the current government scheme guidelines.
This topic relates to Economic Policy and General Awareness in competitive exams; always cross-reference government portals (mudra.org.in) for latest budgetary updates before appearing for exams.
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