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    Question

    According to Microfinance Institutions Network (MFIN)

    MFIN Micrometer Q4 FY21-22, which state ranked second and third in top after Tamil Nadu?
    A Gujarat and West Bengal Correct Answer Incorrect Answer
    B Kerala and Uttarkhand Correct Answer Incorrect Answer
    C Bihar and West Bengal Correct Answer Incorrect Answer
    D Tamil Nadu and Kerala Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Tamil Nadu has displaced West Bengal to emerge as the largest State in terms of the outstanding portfolio of microfinance loans. According to MFIN Micrometer Q4 FY21-22, a quarterly report published by Microfinance Institutions Network (MFIN), the gross loan portfolio (GLP) of Tamil Nadu as of March 31, 2022 stood at ₹36,806 crore. It was followed by Bihar (₹35,941 crore) and West Bengal (₹34,016 crore).

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