Q. Pradhan Mantri Mudra Yojana comes under which of the following ?
1. Ministry of Corporate Affairs
2. Ministry of Rural Development
3. Ministry of Finance
Select the correct answer from the code given below:
a) 1 and 2
b) Only 3
c) 2 and 3
d) Only 1
Correct Answer: b) Only 3
Question from UPPSC Prelims 2025
Explanation:
Pradhan Mantri MUDRA Yojana (PMMY) is administered by the Department of Financial Services, Ministry of Finance. MUDRA Ltd. (set up under SIDBI) provides refinance to banks/NBFCs/MFIs that lend under PMMY to non-corporate, non-farm micro enterprises.