Question

Which of the following statements is/are incorrect regarding Micro Unit development and refinance agency (MUDR

  • A ? 1. It provides loans at low interest rates to micro financial institutions and NBFCs for farming and small industries. 2. It has been formed as a wholly owned subsidiary of NABARD. 3. Shishu, Tarun, and Kishor are the subcategories of loan in the increasing order of limit for the loan disbursal. Select the incorrect answer using the codes given below:
A 1 and 3 only
B 1 and 2 only
C 2 and 3 only
D 1,2 and 3 only
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