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Question
The YH Malegam Committee, which submitted its report in 2011, was set up to report on further improvement of functioning of __________.
The YH Malegam Committee, which submitted its report in 2011, was set up to report on further improvement of functioning of __________.
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Solution
The correct option is A micro finance institutions
In view of the developments in the microfinance sector, the Reserve Bank of India (RBI) in October, 2010 constituted a sub-committee under Shri Y.H. Malegam, member of the Central Board of Directors of RBI, to study issues and concerns of the Micro Finance Sector.
In view of the developments in the microfinance sector, the Reserve Bank of India (RBI) in October, 2010 constituted a sub-committee under Shri Y.H. Malegam, member of the Central Board of Directors of RBI, to study issues and concerns of the Micro Finance Sector.
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