Economy
2016
Government Schemes
Banking in India
Pradhan Mantri MUDRA Yojana is aimed at
B.providing loans to poor farmers for cultivating particular crops
D.funding the voluntary organizations involved in the promotion of skill development and employment generation
C.providing pensions to old and destitute persons
A.bringing the small entrepreneurs into formal financial system
Correct Answer: Option A
Pradhan Mantri MUDRA Yojana (PMMY) aims at bringing small entrepreneurs into the formal financial system by providing access to credit.
This scheme does not focus on providing loans to farmers for specific crops, pensions to the elderly, or funding skill development organizations directly.
Therefore, option A is the correct answer.
Sources:
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