APTI PLUS Academy For Civil Services.
APTI PLUS Academy For Civil Services.
June 13, 2025 at 06:41 AM
Q2. With reference to Microfinance in India, identify the correct statements: 1. Microfinance refers to small-ticket financial services extended to low-income households, primarily for consumption credit. 2. SEWA Bank, Ahmedabad, was India's first MFI. 3. The Malegam Committee recommended regulatory norms for NBFC-MFIs. 4. The Reserve Bank of India (RBI) regulates the microfinance sector. How many of the above statements are correct? A) Only one B) Only two C) Only three D) All four

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