Which of the following statements related to Micro Finance System is wrong?

Related MCQs

• Micro credit or micro finance is a novel approach to bank with the poor. In this approach bank credit is extended to the poor through which of the following?
• Industrial Finance Corporation of India, is a Non-Banking Finance Company
• Loans to poor people by banks have many limitations including lack of security and high operating cost. So to help them which type of finance system developed?
• What is NOT a mechanism that contributes to the success of micro-credits?
• Which of the following Governors of RBI also served as the Finance Minister of India?
• Which of the following statements is/are not true about RBI?
• Which one of the following statements is most appropriate regarding transaction made in money?
• Reinstatement policy is related in the case of which policy
• Hull insurance related in the case of ……….
• Which of the following is not a regulatory institution in Indian financial system?