Question

For what purpose has the Micro Units Development and Refinance Agency Limited (MUDRA) been established?

A Financing large enterprises Correct Answer Incorrect Answer
B Supporting agricultural initiatives Correct Answer Incorrect Answer
C Refinancing small enterprises Correct Answer Incorrect Answer
D Funding educational institutions Correct Answer Incorrect Answer
E Facilitating infrastructure projects Correct Answer Incorrect Answer

Solution

MUDRA, which stands for Micro Units Development & Refinance Agency Ltd., is a financial institution set up by Government of India for development and refinancing of micro units enterprises.

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