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Option 2 : Vayaska

The correct answer is Vayaska.

  • Pradhan Mantri MUDRA Yojana:
  • The full form of MUDRA is Micro Units Development and Refinance Agency Ltd. .
  • Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by Prime Minister Narendra Modi on 8 April 2015, for providing loans up to 10 lakh to the non-corporate, non-farm small/micro-enterprises. These loans are classified as MUDRA loans under PMMY (Pradhan Mantri MUDRA Yojana).
  • There are three products under the Pradhan Mantri MUDRA loan:
    • Covering loans of up to Rs. 50,000 under Shishu.
    • Covering loan from above Rs. 50,000 to Rs. 500,000 under Kishore.
    • Covering loan from above Rs. 500,000 to Rs.10,00,000 under Tarun.
  • Hence, Vayaska is not a sub-scheme under MUDRA Yojana.
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