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.
Where is the first a private agricultural mandi (market) was setup in India?
The MSF rate is pegged _____ basis points or a percentage point above the repo rate?
The Durga temple at Aihole, built about ______ years ago.
The Government of India's language-based platform is known as?
Who is the Chairman of the Vedanta Group, one of the largest and diversified natural resources groups globally?
Which of the following can degrade detritus into simpler inorganic substances?
Which missile system is a collaboration between DRDO of India and Russia?
Abhishek, Bobby and Charlie start from the same point and travel in the same direction round an Island 6 km in circumference. Abhishek travels at the ra...
What is scythe? Â
By which year is the Sustainable Development Goal 17 (SDG 17) to be achieved?
