Question
Consider the following Statements. i- Micro
Finance Institutions (MFls) obtain finance from banks, investors, deposits, etc. ii- MFIs provide small scale credit to low-income households and small informal businesses. iii- MFIs are regulated by NABARD.Solution
The Reserve Bank of India (RBI) shall regulate the micro finance sector; it may set an upper limit on the lending rate and margins of Micro Finance Institutions (MFIs). ii-MFIs provide small scale credit to low-income households and small informal businesses. In general, MFIs can borrow from big banks and investors or issue bonds; take deposits (savings) from clients; and accept equity investments, which are ownership stakes that earn a share of the profits.
Who among the following was the first Director of Bureau of Indian Standards?
Dishonour of cheque for insufficiency of funds etc. in the account related to:
Immovable property does not include:
 In case a witness does not appear before the Civil Court, Court may take following actions against a witness-
Which of the following about the interplay between Articles 243G (bar on judicial interference) and Articles 226/32 of the Constitution is correct?
The 73rd and 74th Amendments (Parts IX & IXA) of the Constitution introduced a threetier local government and reservation provisions. Under these amendm...
The Principle of Res-Judicata does not apply when?
Which of the following features is not found in an LLP?
According to Section 58 of the Code of Civil Procedure, 1908 (As amended). Every person detained in civil prison in execution of decree shall be so det...
Subsistence allowance has to be paid by decree holder, if not paid_____
Relevant for Exams:
