0 of 20 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
Information
TOTAL QUESTION: 20
TOTAL TIME= 20 MIN
You have already completed the Test before. Hence you can not start it again.
Test is loading...
You must sign in or sign up to start the Test.
You have to finish following quiz, to start this Test:
Your results are here!! for" Micro Units Development and Refinance Agency (MUDRA) "
0 of 20 questions answered correctly
Your time:
Time has elapsed
Your Final Score is : 0
You have attempted : 0
Number of Correct Questions : 0 and scored 0
Number of Incorrect Questions : 0 and Negative marks 0
-
Not categorized
You have attempted: 0
Number of Correct Questions: 0 and scored 0
Number of Incorrect Questions: 0 and Negative marks 0
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- Answered
- Review
-
Question 1 of 20
1. Question
What does MUDRA stand for?
Correct
MUDRA stands for Micro Units Development and Refinance Agency Ltd.
Incorrect
MUDRA stands for Micro Units Development and Refinance Agency Ltd.
Unattempted
MUDRA stands for Micro Units Development and Refinance Agency Ltd.
-
Question 2 of 20
2. Question
When was MUDRA launched?
Correct
The provided material states that MUDRA was launched on April 8, 2015.
Incorrect
The provided material states that MUDRA was launched on April 8, 2015.
Unattempted
The provided material states that MUDRA was launched on April 8, 2015.
-
Question 3 of 20
3. Question
Under which scheme was MUDRA launched?
Correct
MUDRA was launched under the Pradhan Mantri MUDRA Yojana (PMMY).
Incorrect
MUDRA was launched under the Pradhan Mantri MUDRA Yojana (PMMY).
Unattempted
MUDRA was launched under the Pradhan Mantri MUDRA Yojana (PMMY).
-
Question 4 of 20
4. Question
What is a major financial inclusion objective of MUDRA?
Correct
MUDRA aims to provide credit to unbanked and underserved micro-entrepreneurs and small businesses.
Incorrect
MUDRA aims to provide credit to unbanked and underserved micro-entrepreneurs and small businesses.
Unattempted
MUDRA aims to provide credit to unbanked and underserved micro-entrepreneurs and small businesses.
-
Question 5 of 20
5. Question
What is the maximum loan amount under the Shishu category?
Correct
Shishu loans are for amounts up to ₹50,000.
Incorrect
Shishu loans are for amounts up to ₹50,000.
Unattempted
Shishu loans are for amounts up to ₹50,000.
-
Question 6 of 20
6. Question
Which loan range belongs to the Kishor category under MUDRA?
Correct
Kishor loans range from ₹50,001 to ₹5,00,000.
Incorrect
Kishor loans range from ₹50,001 to ₹5,00,000.
Unattempted
Kishor loans range from ₹50,001 to ₹5,00,000.
-
Question 7 of 20
7. Question
What is the loan range under the Tarun category?
Correct
Tarun loans range from ₹5,00,001 to ₹10,00,000.
Incorrect
Tarun loans range from ₹5,00,001 to ₹10,00,000.
Unattempted
Tarun loans range from ₹5,00,001 to ₹10,00,000.
-
Question 8 of 20
8. Question
Which type of business is specifically included among the target beneficiaries of MUDRA?
Correct
MUDRA targets non-corporate small businesses such as shopkeepers, artisans, vendors and repair shops.
Incorrect
MUDRA targets non-corporate small businesses such as shopkeepers, artisans, vendors and repair shops.
Unattempted
MUDRA targets non-corporate small businesses such as shopkeepers, artisans, vendors and repair shops.
-
Question 9 of 20
9. Question
What is a key collateral feature of MUDRA loans according to the provided material?
Correct
The material states that MUDRA loans are collateral-free.
Incorrect
The material states that MUDRA loans are collateral-free.
Unattempted
The material states that MUDRA loans are collateral-free.
-
Question 10 of 20
10. Question
Which group receives special focus under MUDRA?
Correct
MUDRA encourages banks to prioritize women borrowers through preferential terms and lower interest rates.
Incorrect
MUDRA encourages banks to prioritize women borrowers through preferential terms and lower interest rates.
Unattempted
MUDRA encourages banks to prioritize women borrowers through preferential terms and lower interest rates.
-
Question 11 of 20
11. Question
Which of the following is a financial product offered under MUDRA?
Correct
MUDRA supports financial products such as term loans, working capital loans, overdrafts and equipment financing.
Incorrect
MUDRA supports financial products such as term loans, working capital loans, overdrafts and equipment financing.
Unattempted
MUDRA supports financial products such as term loans, working capital loans, overdrafts and equipment financing.
-
Question 12 of 20
12. Question
What does MUDRA provide through its refinance facility?
Correct
MUDRA provides refinancing support to institutions that extend credit to micro-enterprises.
Incorrect
MUDRA provides refinancing support to institutions that extend credit to micro-enterprises.
Unattempted
MUDRA provides refinancing support to institutions that extend credit to micro-enterprises.
-
Question 13 of 20
13. Question
How does MUDRA provide credit to eligible borrowers?
Correct
MUDRA itself does not lend directly; participating financial institutions provide the loans.
Incorrect
MUDRA itself does not lend directly; participating financial institutions provide the loans.
Unattempted
MUDRA itself does not lend directly; participating financial institutions provide the loans.
-
Question 14 of 20
14. Question
Which institution can participate in lending under MUDRA according to the provided material?
Correct
The material lists public and private sector banks, regional rural banks, MFIs and NBFCs as lending institutions.
Incorrect
The material lists public and private sector banks, regional rural banks, MFIs and NBFCs as lending institutions.
Unattempted
The material lists public and private sector banks, regional rural banks, MFIs and NBFCs as lending institutions.
-
Question 15 of 20
15. Question
Which sectors are mentioned as eligible for MUDRA loans?
Correct
Individuals and entities engaged in income-generating activities in manufacturing, trading or services can be eligible.
Incorrect
Individuals and entities engaged in income-generating activities in manufacturing, trading or services can be eligible.
Unattempted
Individuals and entities engaged in income-generating activities in manufacturing, trading or services can be eligible.
-
Question 16 of 20
16. Question
According to the provided material, what is the general repayment period for MUDRA loans?
Correct
The material states that repayment terms vary from one to five years depending on the loan and business.
Incorrect
The material states that repayment terms vary from one to five years depending on the loan and business.
Unattempted
The material states that repayment terms vary from one to five years depending on the loan and business.
-
Question 17 of 20
17. Question
How does MUDRA contribute to employment generation?
Correct
MUDRA enables small businesses to grow and employ more people, thereby supporting job creation.
Incorrect
MUDRA enables small businesses to grow and employ more people, thereby supporting job creation.
Unattempted
MUDRA enables small businesses to grow and employ more people, thereby supporting job creation.
-
Question 18 of 20
18. Question
Which of the following is identified as a challenge faced by MUDRA?
Correct
The material identifies inadequate awareness among potential beneficiaries as a challenge.
Incorrect
The material identifies inadequate awareness among potential beneficiaries as a challenge.
Unattempted
The material identifies inadequate awareness among potential beneficiaries as a challenge.
-
Question 19 of 20
19. Question
What is one concern related to MUDRA loans mentioned in the material?
Correct
The material notes instances where loans have been used for non-business purposes.
Incorrect
The material notes instances where loans have been used for non-business purposes.
Unattempted
The material notes instances where loans have been used for non-business purposes.
-
Question 20 of 20
20. Question
According to the provided material, approximately how many accounts have been opened under PMMY since its inception?
Correct
The material states that over 40 crore accounts have been opened under PMMY since its inception.
Incorrect
The material states that over 40 crore accounts have been opened under PMMY since its inception.
Unattempted
The material states that over 40 crore accounts have been opened under PMMY since its inception.