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)
13    13      26       ?      832       13312
...290, 571, 900, ?, 1485, 1890
- What will come in place of (?), in the given number series.
1, 1, 2, 3, 5, ?, 13 120, 126, 138, 162, ?, 306
? , 864, 432, 144, 36, 7.2
What will come in place of the question mark (?) in the following series?
75, ?, 107, 148, 229, 390
114, 146, 210, 306, 434, ?
660, 653, 639, 618, 590, ?
- What will come in place of (?) in the given number series.
729, 243, 81, 27, ?, 3 9000, 1800, 450, ?, 75, 75Â
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