Exams › IBPS PO › General Awareness

What is the new maximum loan amount under the Tarun category of Pradhan Mantri MUDRA Yojana (PMMY) as announced in the Union Budget 2024-25?

1. ₹15 lakh
2. ₹18 lakh
3. ₹20 lakh
4. ₹25 lakh

Correct answer: ₹20 lakh

Solution

In Union Budget 2024-25, the maximum loan amount under the Tarun category of PMMY was increased. The revised limit is ₹20 lakh, replacing the earlier lower ceiling.

Related IBPS PO General Awareness questions

• Securities and Exchange Board of India’s advisory council on leveraging regulatory and technological solutions has been reconstituted as ALeRTS. Sunil Bajpai will now lead the seven-member panel. Expand the term “L” in ALeRTS.
• Immediate Payment Service (IMPS) was publicly launched on
• The Central Depository Services (India) Limited (CDSL) has become the first and only listed depository in India to register more than 60 million ___ accounts.
• Which committee is associated with banking sector reforms in India?
• What is the full form of IFSC?
• Which of the following statements regarding RuPay debit cards is/are correct? 1. The Cabinet recently cleared a ₹2,500-crore incentive scheme for banks to promote RuPay debit cards and low-value BHIM-UPI transactions in the current fiscal. 2. Under the incentive scheme for the promotion of RuPay debit cards and low-value BHIM-UPI transactions, the government pays banks an incentive as a percentage of the value of RuPay debit card transactions and low-value BHIM-UPI transactions up to ₹2,000. 3. Incentives paid by the government to banks for promoting RuPay debit cards and low-value BHIM-UPI transactions will not attract GST. Which of the statements given above is/are correct?

⚔️ Practice IBPS PO General Awareness free + battle 1v1 →