Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Hon’ble Prime Minister on April 8, 2015 for providing loans up to 10 lakh to the non-corporate, non-farm small/micro enterprises. These loans are classified as MUDRA loans under PMMY. These loans are given by Commercial Banks, RRBs, Small Finance Banks, MFIs and NBFCs. Under the aegis of PMMY, MUDRA has created three products namely 'Shishu', 'Kishore' and 'Tarun' to signify the stage of growth / development and funding needs of the beneficiary micro unit / entrepreneur and also provide a reference point for the next phase of graduation / growth. The Union Budget presented by the Hon'ble Finance Minister Shri Arun Jaitley, for FY 2015-16, announced the formation of MUDRA Bank. Accordingly MUDRA was registered as a Company in March 2015 under the Companies Act 2013 and as a Non Banking Finance Institution with the RBI on 07 April 2015. MUDRA was launched by the Hon'ble Prime Minister Shri Narendra Modi on 08 April 2015 at a function held at Vigyan Bhawan, New Delhi.
The selling price of y items is equal to the cost price of 540 items. If the profit made is 44%, then find the value of y.
A Shopkeeper sold an article at 20% loss. If he had sold it for Rs. 420/- more, he would have made 40% profit, find the selling price of the article?
A shopkeeper sold an article at a discount of 17%. If he had given a discount of 9% in place of 17%, then he would have earned Rs. 108 more. If the cost...
A book is sold at two different prices. When sold at a loss of 22%, it fetches Rs. 165 less than when it is sold at a profit of 11%. What would be the s...
Ratio of the cost price of article ‘A’ to ‘B’ is 6:7, respectively. Article ‘A’ is marked up by 30% above its cost price and then sold at a ...
A person sold two articles for Rs. 1936 each. On one he gained 28% and on other he lost 12%. What is his overall gain or loss percent, correct to one de...
The cost price of 32 pineapples is Rs. 80. If they are sold at a 20% profit, how many pineapples need to be sold for exactly Rs. 72 to break even, consi...
A product is marked 50% above its cost price and is sold for Rs. 1,080 after giving two successive discounts of 20% and 10%, respectively. Calculate the...
Find the cost price of the digital watch for the shopkeeper if he initially marked it at 80% above the cost price and later offered two successive disco...
A shopkeeper marks his goods 60% more and he sells 3/5 of goods at the cost price and the remaining are sold at a discount of 20% on the marked price. W...
