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RANJITH

· started a discussion

· 1 Months ago

wrong.. (Question: 100431.0 )

its not a subsidiary of rbi.i think 1,2 & 3 is correct

Question:

Find the correct statements about MUDRA-

1) It provides loans at low rates to MSME's.

2) The bank will focus on SC/ST entrepreneurs and priority will be given to them in terms of lending.

3) It will also play a regulatory role over all small business finance institutions

4) It is a subsidiary of RBI.

Options:
A) Only 1, 2 and 3
B) Only 1 and 2
C) Only 2 and 3
D) Only 2, 3 and 4
E) All of them
Solution:
Ans: (c) Only 2 and 3

Knowledge Expert

· commented

· 1 Months ago

Given answer is correct
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