Assertion :MFIs refers to Micro Finance Institutes. Reason: MFIs provide financial service to the poor households.

Statement I is true but statement II is false

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Statement I is false but statement II is true

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Both Statement I and II are true

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Both statement I and II are false

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Solution

The correct option is C Both Statement I and II are true

MFI - Micro-Finance Institution is an organization that offers financial services to low income populations. Almost all give loans to their members, and many offer insurance, deposit and other services.

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Similar questions

2 \times 2

I

\to L = I \to ω

II

\to τ = \frac{d \to L}{d t}

X_{2} Y_{3}

X_{2} Y_{3}

Statement - I: $C l^{-} a n d C a^{2 +}$ are isoelectronic species.
Statement - II: Isoelectronic species should have same charges.

A^{- 1}

3 \times 3

A^{2} - 5 A + 7 I = 0.

A^{- 1} = \frac{1}{7} (5 I - A) .

A^{3} - 2 A^{2} - 3 A + I

5 (A - 4 I)

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