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      Question

      Which one of the following is NOT a basic principle of

      Micro Finance Institutions in India?
      A Lack of physical collateral Correct Answer Incorrect Answer
      B Peer monitoring Correct Answer Incorrect Answer
      C Focus on women borrowers Correct Answer Incorrect Answer
      D Large amounts of loan Correct Answer Incorrect Answer

      Solution

      A large amount of loan is not a basic principle of micro-financial institutions in India. The functions of Microfinance institutions are: Maintain macroeconomic stability.

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