Name the scheme that was launched on 8 April 2015, under which a loan of up to ₹50,000 is given under sub-scheme 'Shishu'; between ₹50,000 to ₹5.0 lakh under sub-scheme ‘Kishore'; and between ₹5.0 lakh to ₹10.0 lakh under sub-scheme 'Tarun'.

Correct option is D

The correct answer is (D) Pradhan Mantri Mudra Yojana (PMMY).

Explanation:
Pradhan Mantri Mudra Yojana (PMMY) was launched on 8 April 2015 to provide collateral-free loans to micro, small, and medium enterprises (MSMEs) for business development. It is classified into three categories based on loan amounts:

• Shishu: Loans up to ₹50,000.
• Kishore: Loans between ₹50,000 and ₹5.0 lakh.
• Tarun: Loans between ₹5.0 lakh and ₹10.0 lakh.

Information Booster:

• Ministry:Ministry of Finance
• Current Minister:Nirmala Sitharaman (as of 2025)
• Objective: Promote self-employment and entrepreneurship by enabling easy credit access.
• Implemented by: Banks, Micro Finance Institutions (MFIs), Non-Banking Financial Companies (NBFCs).
• Impact: Empowered women entrepreneurs, small traders, and startups.

Additional Information:

• Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY):Life insurance scheme, launched on 9 May 2015.
• Atal Pension Yojana (APY):Pension scheme, launched on 9 May 2015.
• Pradhan Mantri Suraksha Bima Yojana (PMSBY):Accident insurance scheme, launched on 9 May 2015.