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Answer

Correct Option is Rs. 5 lakh to Rs. 10 lakh

Solution:Under the aegis of Pradhan Mantri MUDRA Yojana (PMMY), MUDRA has already created its initial products/schemes. The interventions have been named ‘Shishu’, ‘Kishor’ and ‘Tarun’ to signify the stage of growth/development and funding needs of the beneficiary micro unit / entrepreneur and also to provide a reference point for the next phase of graduation / growth to look forward to. The financial limit for these schemes is:-
1) Shishu:- covering loans up to 50,000/-
2) Kishor:- covering loans above 50,000/- and up to 5 lakh
3) Tarun:- covering loans above 5 lakh to 10 lakh

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