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      Question

       In which year Microfinance Institutions (NBFC-MFIs)

      were established in India?
      A 2008 Correct Answer Incorrect Answer
      B 2004 Correct Answer Incorrect Answer
      C 2009 Correct Answer Incorrect Answer
      D 2007 Correct Answer Incorrect Answer

      Solution

      Micro Finance Institutions Network (MFIN) is an association of Non-Bank Finance Company Micro Finance Institutions (NBFC-MFIs). It was established in October 2009 as the primary representative body of NBFCs engaged in the business of microfinance. 

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