[PPSC PRINCIPAL, ITI (WOMEN) 2024]

9. MUDRA (Micro Units Development Refinance Agency) Banks will

1. Primarily lend to ST enterprises

2. Provide finance to other banks and Micro Finance Institutions (MFIs), who in turn will do the lending activities

3. Set up a branch in every district of the country by 2019 in order to promote financial inclusion 

4. Only lend to enterprises being run by women

Correct Answer :

Provide finance to other banks and Micro Finance Institutions (MFIs), who in turn will do the lending activities