5- Consider the following statements-1- Micro Units Development - Refinance Agency Ltd MUDRA has been formed with primary objective of developing the micro enterprise sector in the country by extending various support including financial support in the form of refinance- so as to achieve the goal of -funding the unfunded-2- This Agency would be responsible for developing and refinancing all Micro-enterprises sector by supporting the finance Institutions which are in the business of lending to micro - small business entities engaged in manufacturing- trading and service activities-Which of the following statements is-are incorrect-

The correct option is B d) Neither 1 nor 2 Ans d) ...

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Standard IX

History

Indian Economy

5. Consider t...

Question

5. Consider the following statements,

Which of the following statements is/are incorrect?

a) 1 only

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b) 2 only

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c) Both 1 and 2

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d) Neither 1 nor 2

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Solution

The correct option is D
d) Neither 1 nor 2

Ans d)

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Similar questions

4. Consider the following statements, regarding MUDRA Bank,

1] This Bank would be responsible for regulating and refinancing all Micro-finance Institutions (MFI) which are in the business of lending to micro/small business entities engaged in manufacturing, trading and services activities.

2] The Bank would partner with state level/regional level co-ordinators to provide finance to Last Mile Financer of small/micro business enterprises.

Which of the above statements is/are incorrect?

Q. With reference to the funding support from Micro Units Development and Refinance Agency Ltd. (MUDRA), consider the following statements:

Which of the statements given above is/are correct?

1 only
2 only
Both 1 and 2
Neither 1 nor 2

69. Consider the following statements related to MUDRA- Micro Units Development & Refinance Agency Ltd.,

i. It will initially function as a non-banking financial company and a subsidiary of the Small Industries Development Bank of India (SIDBI)

ii. It will classify its clients into two categories and the maximum allowed loan sums will be based on the category.

Which of the above is/are correct?

Which of the financial institutions was set up in 1990 for the promotion, financing and development of micro, small and medium enterprises?

Which agency manages the Micro Finance Development and Equity Fund in India?

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5. Consider the following statements, Which of the following statements is/are incorrect?

The correct option is D d) Neither 1 nor 2 Ans d)

5. Consider the following statements,

Which of the following statements is/are incorrect?

The correct option is D
d) Neither 1 nor 2

Ans d)