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Question

Which of the following is NOT one of the problems with microfinance?

The correct answer is

Excess flow of funds towards microfinance

Excess flow of funds towards microfinance is not a problem with microfinance; rather, it can be a positive aspect if managed efficiently.

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Important Questions from Banking Related Schemes

  1. Which of the following sponsored 'Ubharte Sitaare Fund', in August 2021?

  2. Which of the following committees was constituted to study the issues and concerns in the Micro Finance Institution in 2010?

  3. A recent bank merger that has been announced includes Vijaya Bank, Dena Bank, and ______

  4. Which of the following does not provide direct credit assistance to rural households?

  5. Which bank struggled to address the issue of capitalisation and subsequently Reserve Bank of India took over its management in 2020?

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