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Consider the following statements regarding Microfinance Institutions (MFIs) in India:1. The Reserve Bank of India (RBI) regulates MFIs under the NBFC-MFI framework, which includes guidelines on client protection and fair credit pricing.2. As of March 2024, more than 12% of microfinance clients had four or more active loans, indicating over-indebtedness.3. MFIs primarily rely on internal funding sources, which makes them resilient during economic downturns.a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Microfinance Institutions (MFIs) in India:1. The Reserve Bank of India (RBI) regulates MFIs under the NBFC-MFI framework, which includes guidelines on client protection and fair credit pricing.2. As of March 2024, more than 12% of microfinance clients had four or more active loans, indicating over-indebtedness.3. MFIs primarily rely on internal funding sources, which makes them resilient during economic downturns.a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Microfinance Institutions (MFIs) in India:1. The Reserve Bank of India (RBI) regulates MFIs under the NBFC-MFI framework, which includes guidelines on client protection and fair credit pricing.2. As of March 2024, more than 12% of microfinance clients had four or more active loans, indicating over-indebtedness.3. MFIs primarily rely on internal funding sources, which makes them resilient during economic downturns.a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?.

Solutions for Consider the following statements regarding Microfinance Institutions (MFIs) in India:1. The Reserve Bank of India (RBI) regulates MFIs under the NBFC-MFI framework, which includes guidelines on client protection and fair credit pricing.2. As of March 2024, more than 12% of microfinance clients had four or more active loans, indicating over-indebtedness.3. MFIs primarily rely on internal funding sources, which makes them resilient during economic downturns.a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of Consider the following statements regarding Microfinance Institutions (MFIs) in India:1. The Reserve Bank of India (RBI) regulates MFIs under the NBFC-MFI framework, which includes guidelines on client protection and fair credit pricing.2. As of March 2024, more than 12% of microfinance clients had four or more active loans, indicating over-indebtedness.3. MFIs primarily rely on internal funding sources, which makes them resilient during economic downturns.a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Consider the following statements regarding Microfinance Institutions (MFIs) in India:1. The Reserve Bank of India (RBI) regulates MFIs under the NBFC-MFI framework, which includes guidelines on client protection and fair credit pricing.2. As of March 2024, more than 12% of microfinance clients had four or more active loans, indicating over-indebtedness.3. MFIs primarily rely on internal funding sources, which makes them resilient during economic downturns.a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Consider the following statements regarding Microfinance Institutions (MFIs) in India:1. The Reserve Bank of India (RBI) regulates MFIs under the NBFC-MFI framework, which includes guidelines on client protection and fair credit pricing.2. As of March 2024, more than 12% of microfinance clients had four or more active loans, indicating over-indebtedness.3. MFIs primarily rely on internal funding sources, which makes them resilient during economic downturns.a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Consider the following statements regarding Microfinance Institutions (MFIs) in India:1. The Reserve Bank of India (RBI) regulates MFIs under the NBFC-MFI framework, which includes guidelines on client protection and fair credit pricing.2. As of March 2024, more than 12% of microfinance clients had four or more active loans, indicating over-indebtedness.3. MFIs primarily rely on internal funding sources, which makes them resilient during economic downturns.a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Consider the following statements regarding Microfinance Institutions (MFIs) in India:1. The Reserve Bank of India (RBI) regulates MFIs under the NBFC-MFI framework, which includes guidelines on client protection and fair credit pricing.2. As of March 2024, more than 12% of microfinance clients had four or more active loans, indicating over-indebtedness.3. MFIs primarily rely on internal funding sources, which makes them resilient during economic downturns.a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.