MCQs - 2026-04

The scheme's core objective is to foster entrepreneurship and economic empowerment, particularly among SC, ST, and women, thereby reducing socio-economic disparities.

The scheme supports eligible entrepreneurs in non-farm sectors, including manufacturing, trading, and services.

The Stand-Up India Scheme facilitates bank loans ranging from ₹10 lakh to ₹1 crore for eligible entrepreneurs.

The Stand-Up India Scheme is specifically designed to promote entrepreneurship among Scheduled Caste (SC), Scheduled Tribe (ST) individuals, and women.

A primary objective of PMMY is to offer collateral-free loans, thereby removing a significant barrier for small entrepreneurs seeking credit.

PMMY has a specific focus on empowering women entrepreneurs and extending financial support to businesses in rural and semi-urban areas, contributing to inclusive growth.

PMMY is designed to provide financial assistance to non-corporate, non-farm small and micro enterprises, often referred to as 'fund the unfunded'.

The three categories of loans under PMMY are Shishu (up to ₹50,000), Kishor (₹50,000 to ₹5 lakh), and Tarun (₹5 lakh to ₹10 lakh). 'Udyami' is not a recognized category.

The Pradhan Mantri Mudra Yojana (PMMY) provides loans up to ₹10 lakh to non-corporate, non-farm small/micro enterprises.

The day encourages Member States to uphold the principles of the UN Charter, which includes peaceful dispute settlement and international cooperation.