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.

Practice Next

Relevant for Exams:

×
×