How much amount is going to be disbursed by banks under Pradhan Mantri Mudra Yojana in FY’17?

a. Rs 2.80 lakh crore

b. Rs 1.50 lakh crore

c. Rs 1.80 lakh crore

d. Rs 1.30 lakh crore

ANSWER: Rs 1.80 lakh crore

Explanation:

Banks are expected to disburse Rs 1.80 lakh crore loans under the Pradhan Mantri Mudra Yojana (PMMY).

Last year, 3.5 crore beneficiaries’ availed Rs 1.22 lakh crore loans under PMMY.