Who is the founder of Grameen Bank?
Muhammad Yunus
Grameen Bank was founded by Muhammad Yunus.
He is a Bangladeshi social entrepreneur and economist, widely recognized for pioneering microcredit and establishing Grameen Bank to provide financial services to the impoverished.
His work earned him the Nobel Peace Prize in 2006.
In relation to payment banks, which of the following statements is INCORRECT?
____ was the first payments bank to start its commercial operation in November 2016 on a pilot basis.
Which of the following activities can be undertaken by a payment bank in India, as per RBI guidelines?
(i) Acceptance of demand deposits
(ii) Acceptance of time deposits
(iii) Issue of debit cards
(iv) Issue credit cards
Under which scheme are collateral free loans of up to ₹10 Lakh extended by the Member Lending Institutions (MLIs) in India?
The 'Make in India' initiative primarily focuses on which sector?