All Exams Test series for 1 year @ ₹349 only
Question

Which of the following is NOT one of the several approaches of microfinance delivery mechanisms in India?

The correct answer is

Cheap subsidised credit

- Microfinance delivery aims to provide financial services to low-income groups.
- The Self-Help Group (SHG) - Bank Linkage Programme is a popular microfinance model in India.
- Microfinance Institutions (MFIs) provide small loans and financial support to rural and urban poor.
- Conventional weaker-section lending is done by banks to support small businesses.
- Cheap subsidized credit is not a formal microfinance delivery mechanism as microfinance institutions charge interest.

Was this answer helpful?

Important Questions from Economy

  1. The Five Year Plan was first launched in

  2. Which of the following was/were the feature(s) of Lenin’s New Economic Policy (NEP) for the Soviet Union?

    1) Private retail trading was strictly forbidden

    2) Private enterprise was strictly forbidden

    3) Peasants were not allowed to sell their surplus

    4) To secure liquid capital, concessions were allowed to foreign capitalists, but the State retained the option of purchasing the product of such concerns

    Select the correct answer using the code given below:

  3. Which one of the following was set as a target of average growth of GDP of India over the plan period 2012-2017 by the Approach Paper to the Twelfth Five year Plan?

  4. In ________ economies, all productive resources are owned and controlled by the government.

  5. Private ownership of the means of production is a feature of a _______ economy.

Need Expert Advice?

Start Your Preparation with Prepp Mobile App

Download the app from Google Play & App Store
Download the app from Google Play & App Store
Prepp Mobile App