Which of the following statements are true about Pradhan Mantri Mudra Yojana (PMMY) ?
(A) Launched in April 2014
(B) Grant loans of up to Rs. 10 lakhs for income-generating manufacturing, trading, and service sectors
(C) The term loan and working capital requirements can be met
(D) The rate of interest is decided by the state governments
(E) There is no insistence on collateral(s) during the sanction of the loan