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Question

To ease the credit availability requirements of start-ups the government had announced the

A
Money back guarantee
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B
Indian Aspiration Fund
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C
Credit guarantee Scheme
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D
MUDRA Scheme
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Solution

The correct option is D MUDRA Scheme
Mudra Scheme is launched for providing loans up to 10 lakhs to the non corporate, micro enterprises. To ease the credit availability requirements of start ups the government has announced such scheme.

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