Question
Which authority is responsible for framing guidelines
and supervising the operations of Microfinance Institutions (MFIs) and NBFC-MFIs in India?Solution
In India, Microfinance Institutions (MFIs) play a crucial role in extending small-ticket loans to low-income households and entrepreneurs who generally lack access to traditional banking services. • The Reserve Bank of India (RBI) is the primary regulator of MFIs and NBFC-MFIs. • RBI issues prudential norms, lending guidelines, and fair practices codes to ensure that MFIs operate transparently and that borrowers are protected from over-indebtedness. • Institutions such as NABARD and SIDBI play a supportive role in refinancing and promoting microfinance but do not regulate them.  Correct Answer: Reserve Bank of India (RBI)
Calculate 50% of the L.C.M of 208 and 216.
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Find the largest number of the five digit which is exactly divisible by 48, 72 and 108.
...The HCF of two numbers 110 and 1980 is:
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The L.C.M of a² – 2a – 3 and a³ + a² + a + 1 isÂ
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