New Enroll in our GIC Finance Online Course Here!

    Register

    Question

    Consider the following statements with respect to the

    information provided about the financial schemes of India - I.As per data uploaded by Member Lending Institutions (MLIs) on Mudra portal, over 28.89 crore loans involving a sanctioned amount of Rs. 17.77 lakh crore have been extended under Pradhan Mantri Mudra Yojana (PMMY) in the last five financial years. II.The total enrolment under the Atal Pension Yojana (APY) has crossed 7 crore, with over 90 lakh enrolments in the current Financial Year. III.As on 29.11.2023, a total of 51.04 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts have been opened having a deposit balance of Rs. 2,08,855 crore. Which of the following statements is/are true?
    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C Only I & III Correct Answer Incorrect Answer
    D Only II & III Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    As per data uploaded by Member Lending Institutions (MLIs) on Mudra portal, over 28.89 crore loans involving a sanctioned amount of Rs. 17.77 lakh crore have been extended under Pradhan Mantri Mudra Yojana (PMMY) in the last five financial years. Further, the Minister stated that more than 19.22 crore loans amounting to Rs. 7.93 lakh crore have been extended to women borrowers, constituting approx. 67% of the total number of loans sanctioned under the Scheme.The total enrolment under the Atal Pension Yojana (APY) has crossed 6 crore, with over 79 lakh enrolments in the current Financial Year. As on 29.11.2023, a total of 51.04 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts have been opened having a deposit balance of Rs. 2,08,855 crore.

    Practice Next

    Relevant for Exams: