Question
Which of the following is not a correct feature of a
microfinance loan as per RBI’s directions?Solution
• As per the RBI’s Master Directions on Microfinance Loans (2022): o A microfinance loan must be collateral free. o Eligible borrowers are low-income households with annual household income of up to ₹3,00,000 (not ₹2,00,000). o The loan must not be lien-marked against the borrower’s deposit account. o Borrowers must be allowed flexibility in repayment periodicity (weekly, fortnightly, or monthly). o There is no prepayment penalty. Any penalty for delay applies only on the overdue amount.
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Each of the sentences below has two of three blanks along with five options. You have to choose the option that provides the correct set of words that ...
The zip on the bag ____ jammed. So I pulled on it and yanked at it, _____ grunts and frowns and increasing consternation. I ______ this up for some min...
 In the following question a sentence is given with a blank. Choose the most appropriate option to make the sentence contextually and grammatically c...
I was hurt, but I am glad he _________ mind.
The new regulations are intended to _____ transparency in financial dealings while ensuring that institutions do not _____ their profit margins.
The critics did not see the heiress as a serious filmmaker, only as a ____________ who was bored with her life.
- Choose the appropriate word or phrase from the options given to fill in the blanks.
Although she was new to the subject, she __________ the concept... Choose the most suitable option to fill in the blanks in the sentences below.
I was born and ________ in the highlands.
In the question given below, one word has been omitted. Choose the most appropriate word from the given options that can fill the blank and make the se...