New Register for Workshop on How to start for NABARD 2025 (Stepwise Plan) - Apr 26, 7 PM

    Question

    Which of the following is true regarding schemes like

    PMMY? (i) these schemes mainly help farm activities. (ii) they fund manufacturing, trading and service sectors, and activities that are allied to agriculture. (iii) more that Rs 17 lakh crore loans worth 320 million dollars were sanctioned under this scheme in 2021.
    A Only i Correct Answer Incorrect Answer
    B Both i and iii Correct Answer Incorrect Answer
    C Both ii and iii Correct Answer Incorrect Answer
    D Only ii Correct Answer Incorrect Answer
    E All are correct Correct Answer Incorrect Answer

    Solution

    i- these schemes mainly help non-farm activities. ii- it is correct iii- As of December 2021, more than 320 million loans worth Rs 17 lakh crore have been sanctioned under PMMY.

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