The 'MUDRA' loan category 'Tarun' covers loans from: MCQ with Answer and Explanation

The 'MUDRA' loan category 'Tarun' covers loans from:
A. up to Rs 50,000
B. Rs 5 lakh to Rs 10 lakh
C. above Rs 10 lakh
D. Rs 1 lakh to Rs 5 lakh
Answer: Option B
Solution (By JKSSB Mock Tests)
MUDRA categories are Shishu up to Rs 50,000, Kishor Rs 50,000 to Rs 5 lakh, Tarun Rs 5 lakh to Rs 10 lakh.

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Practice More Economy Set 1 Questions

Question #1
The 'Tobin tax' is a proposed tax on:
A. imports
B. income
C. property
D. short-term foreign exchange transactions

Correct Answer: Option D


Explanation:
A Tobin tax is a tax on short-term foreign exchange transactions to reduce speculative flows.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'Rashtriya Uchchatar Shiksha Abhiyan' is related to:
A. adult literacy
B. primary education
C. skill development
D. higher education

Correct Answer: Option D


Explanation:
RUSA is a centrally sponsored scheme for higher education.

This question belongs to: Economy GK Economy Set 1
Question #3
After 1991, industrial licensing in India was abolished for:
A. all industries including defence
B. most industries except a short list related to security and strategic concerns
C. no industries
D. only small scale industries

Correct Answer: Option B


Explanation:
Industrial licensing was abolished for most industries, retaining a short list for strategic and security reasons.

This question belongs to: Economy GK Economy Set 1