Question
Microfinance institutions ha ve seen a deterioration in
NPA levels recently. Who regulates microfinance institutions in India?Solution
In India, the Reserve Bank of India (RBI) is the primary regulatory authority responsible for overseeing microfinance institutions and Non-Banking Financial Companies (NBFCs). The RBI issues guidelines, supervises their operations, and ensures that these entities comply with the regulatory framework to maintain financial stability and protect the interests of borrowers and depositors. Â
Which of the following Statements about IREDA is/are True?
I- It is registered as Non-Banking Financial Company (NFBC) with Reserve Bank of India...
When Government expenditure is more than income, through which of the following ways, it does the deficit financing?
(1) From Banks
(2) Fr...
Who among the following is not one of the eligible beneficiaries of PMUY?
Which of the following Statements about Multiplier Effect is/are True?
I- When the government spends a rupee, overall income rises by a multiple ...
Consider the following statements regarding Phase II of the Swachh Bharat Mission (Grameen) [SBM (G)]
1) The program will be implemented...
Which of the following statements about Prompt Corrective Action is/are True?
I-Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Prompt Corrective Action F...
What is the basic difference between Gross NPA and Net NPA?
I- Gross NPA is the total of Bank loans and Net NPA is the total of all kinds of loan...
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