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Microfinance Institutions (Development and Regulation) Act, 2011

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Multiple Choice

What is the primary objective of the Microfinance Institutions (Development and Regulation) Act, 2011?

  1. To promote microfinance institutions in India
  2. To regulate the activities of microfinance institutions
  3. To provide financial assistance to microfinance institutions
  4. To protect the interests of microfinance borrowers
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