Official Answer Key & Detailed Solution
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Correct Answer: Option (A) — Bringing the small entrepreneurs into formal financial system
Concept & Option Breakdown
Standard Reference VerifiedPradhan Mantri MUDRA Yojana (PMMY) was launched to provide micro-loans up to ₹10 lakh (now expanded) through financial institutions to non-corporate, non-farm small and micro enterprises, thereby facilitating their entry into the formal financial credit architecture.
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