Mukhyamantri Laghu Udyog Protsahan Yojana MCQ - Practice Questions with Answers

Both statements are correct. The official application portal states that the whole application process is online. It also makes clear that an Industries Department recommendation is not the final loan sanction: the concerned bank takes that final decision, so departmental scrutiny and bank approval are distinct stages.

The notified ladder is 8% for loans up to Rs 25 lakh, 6% for loans above Rs 25 lakh and up to Rs 5 crore, and 5% for loans above Rs 5 crore and up to Rs 10 crore. Thus both the percentage sequence and the two slab boundaries make option B correct.

Option D is incorrect. The scheme is not confined to new manufacturing units: it covers new enterprises in manufacturing, service and trade, and it also supports expansion, modernisation and diversification of existing enterprises. Options A, B and C therefore state parts of the actual coverage.

The scheme is an enterprise-credit initiative of the Rajasthan Government's Industries Department. Its defining benefit is interest subsidy on eligible institutional loans, which lowers borrowing cost; it is not a Union scheme, crop insurance, deposit protection, or a direct capital grant.

The first three matches reproduce the 8-6-5 ladder: up to Rs 25 lakh maps to 8%, above Rs 25 lakh through Rs 5 crore maps to 6%, and above Rs 5 crore through Rs 10 crore maps to 5%. Separately, a trading unit has a maximum eligible loan of Rs 1 crore. Hence 1-r, 2-s, 3-p, 4-q is correct.