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)
Statements: J > O > B < N = T ≥ S < C < I ≤ P
Conclusion
I: P > B
II: N > S
Statements:Â Â Â Â Â Â Â A # B # O $ P & Q % R % Z
Conclusions :     I. Q @ Z               II. Q & Z          �...
In the question, assuming the given statements to be true, find which of the conclusion(s) among given three conclusions is/are definitely true and th...
In which of these expression ‘L>A’ is definitely True?
Statements: V ≤R = W ≥ Q, U = T ≥ S < X, U < Q
Conclusions: I. V < Q II. Q > X
Statement:
R ≤ P >K ≤ L; W ≤ X = K > O; Q > L
Conclusion:
I) W < L
II) L = W
Answer the questions based on the information given below.
A @ B means A is not smaller than B
A & B means A is neither smaller than nor...
Statements: R ≤ K ≤ H = O ≥ D > Q; K > P
Conclusions:I. O ≥ Q II. Q > P
Statements: Â T # L # C $ X & Y % E % F
Conclusions:
I. Y @ F
II. Y & F
III. Y & C
...In which of the following expressions will the expression ‘S > Y’ and ‘R > Y be definitely true?
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