Current Affairs - Finance - Discussion
Discussion Forum : Finance - Latest Current Affairs (Q.No. 41)
41.
What is the new loan limit under the Tarun category of the MUDRA Yojana for those who have repaid previous loans?
Answer: Option
Explanation:
The MUDRA Yojana, which aims to provide financial support to non-corporate, non-farm small/micro enterprises, has increased the loan limit under the Tarun category to Rs 20 lakh for those who have repaid previous loans. This enhancement in the Union Budget is a significant boost to the MSMEs, allowing greater access to funds for business expansion and development.
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