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      Question

      By what percentage did the microfinance industry's loan

      portfolio grow by the end of December 2023?
      A 19% Correct Answer Incorrect Answer
      B 20% Correct Answer Incorrect Answer
      C 21% Correct Answer Incorrect Answer
      D 22% Correct Answer Incorrect Answer
      E 23% Correct Answer Incorrect Answer

      Solution

      The microfinance industry's loan portfolio experienced a growth of 21% at the end of December 2023, reaching β‚Ή3.93-lakh crore. This growth indicates a robust demand for microfinance services and the sector's vital role in financial inclusion.

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