Mudra bank:Regulator for other micro-finance institutions- General Economics & Indian Economy

Q.  Consider the following statements

1. Initially Mudra bank will function as a non-banking financial company and a subsidiary of the Small Industries Development Bank of India (SIDBI).

2.Later, it will be made into a separate company.

3.It will also serve as a regulator for other micro-finance institutions (MFIs)

4. It will provide guidelines for MFIs and give them ratings.

Which of the above statements are correct?
- Published on 30 Apr 15

a. 1,2,3
b. 2,3,4
c. 1,3,4
d. All

ANSWER: All

Related Content

➨ Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)
▲