Multiple choice

As per the provisions of the Micro Finance Bill cleared by the Govt. of India in February 2007. Which of the following organisations/agencies is authorised to regulate the Micro Finance sector in India?

  1. State Bank Of India

  2. SIDBI

  3. NABARD

  4. General Insurance Corporation of India

  5. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Micro Finance Bill of 2007 proposed that NABARD (National Bank for Agriculture and Rural Development) would act as the primary regulator for the microfinance sector in India.

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