Question

Which of the following is NOT true about microfinance?
i. These loans are unsecured loans of Upto Rs. 1 lakh mostly given following group lending methodology.
ii. Only NBFC MFIs are allowed to give microfinance loans
iii. RBI regulates the microfinance secto

A Only i
B Only ii
C Only i & ii
D Only iii
E All of the above statements are correct
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