New Enroll in RBI Grade B New Batch - Starts on May 21

    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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