Multiple choice

As per the provision of the Micro Finance Bill cleared by the Government of India in February 2007, which of the following organizations/agencies is authorized 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

NABARD (National Bank for Agriculture and Rural Development) is the primary regulatory agency tasked with overseeing the microfinance sector in India, as per the provisions discussed in the 2007 Micro Finance Bill.

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