Question
Based on which committee's recommendations did RBI
introduce a comprehensive regulatory framework for NBFC-MFIs?Solution
The Reserve Bank of India (RBI) constituted a Sub-Committee of the Central Board, chaired by Y.H. Malegam, to study issues and concerns in the Microfinance Institution (MFI) sector. The committee submitted its report in January 2011, and based on its recommendations, RBI introduced a comprehensive regulatory framework for Non-Banking Financial Company-Micro Finance Institutions (NBFC-MFIs) in 2012.
Which of the following is the largest satellite of the Solar System?
What is the acronym of ‘A’ in DEAF scheme which was released by the RBI?
On 1st August which of the following days is celebrated?
The Ministry of Electronics and Information Technology (MeitY) has approved for setting up of an Electronics Manufacturing Cluster (EMC) in Pu...
Which South Indian state inaugurated the largest leopard safari at Bannerghatta Biological Park?
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Consider the given statements about MUDRA Bank:
(I) MUDRA stands for Mini Units Development & Restructure Agency.
(II) MUDRA was launched ...
What is the new name of Karimganj district in Assam?
Chemical scientist Ramesh Raliya invented world’s first Nano Urea and it was officially introduced to market by ____________.
Where was the only nuclear power station Uttar Pradesh was established?
