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 historical figure's birthplace is located in Ayodhya, Uttar Pradesh?
What is the main crop grown in the Terai region of Uttar Pradesh?
MSF Rate is usually _____ than the Repo Rate.
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What is a field meter used to measure?
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