Question

What was the percentage increase in the disbursal of "Pradhan Mantri Mudra Yojana (PMMY) loans in the first quarter of FY 2023-24 compared to the same quarter in the previous year, if the disbursal reached 81,597 crore, up from 62,650 crore?

• A. 23%
• B. 27%
• C. 15%
• D. 20%

Answer 1

Answer:

A. 23%

• The total disbursal of loans under the Pradhan Mantri Mudra Yojana (PMMY) in the first quarter (Q1) of the Financial Year (FY) 2023-24 reached ₹81,597 crore. • This represents a significant increase compared to the same period in the previous financial year, FY 2022-23, when the disbursal stood at ₹62,650 crore.