On which date was the Pradhan Mantri Mudra Yojana (PMMY) officially launched by the Government of India?

Introduction / Context:
This question relates to important government schemes in India, specifically the Pradhan Mantri Mudra Yojana, often abbreviated as PMMY or Mudra Yojana. Knowing the launch dates and key features of flagship schemes is a frequent requirement in banking exams, civil services prelims and other competitive tests focused on Indian economy and current affairs.

Given Data / Assumptions:
• The scheme under discussion is Pradhan Mantri Mudra Yojana, a government programme for funding micro and small enterprises.
• The options provide four different time frames between 2014 and 2016.
• You are expected to recall or deduce the correct launch date based on your knowledge of recent economic reforms and schemes.

Concept / Approach:
Pradhan Mantri Mudra Yojana was launched to provide financial support to non corporate, non farm small and micro enterprises through the MUDRA institution and participating banks. It is part of a larger push for financial inclusion and promotion of entrepreneurship. The scheme was formally launched by the Prime Minister in April 2015. Many related initiatives such as Jan Dhan Yojana and other financial inclusion programmes were launched around the same period, which can create confusion if dates are not remembered accurately.

Step-by-Step Solution:
Step 1: Recall that PMMY is a flagship scheme for micro and small enterprises and was announced after the initial wave of Jan Dhan and other financial inclusion schemes.Step 2: Remember that the official launch of Pradhan Mantri Mudra Yojana took place in April 2015.Step 3: Compare this date with the options and identify option C, “April 2015”, as the matching choice.Step 4: Eliminate the other options that refer to months in 2014 or 2016, which do not correspond to the launch date of PMMY.

Verification / Alternative check:
An alternative way to verify is to connect the launch of Mudra Yojana with the timeline of other major schemes. Jan Dhan Yojana was launched in 2014. Mudra Yojana followed in 2015 as part of the government focus on loans to small entrepreneurs. Since questions often group schemes chronologically, remembering this sequence helps confirm that the launch date is in April 2015 rather than in 2014 or 2016.

Why Other Options Are Wrong:
Option A: September 2014 is closer to the launch period of PM Jan Dhan Yojana, not Mudra Yojana.Option B: November 2014 does not correspond to the official launch date of PMMY.Option D: January 2016 is well after the scheme was already operational; by that time the scheme had already been running for several months.

Common Pitfalls:
Candidates sometimes confuse the launch dates of different flagship schemes because they all fall within a narrow time frame. Mixing up Jan Dhan, Mudra and insurance schemes is common. A good strategy is to prepare a small timeline chart noting the year and month of launch of major schemes; revising this chart regularly helps avoid such errors in exam conditions.

Final Answer:
Correct answer: April 2015