Economics · Banking and Finance
As per the Reserve Bank of India's master direction, a microfinance loan is defined as a collateral-free loan given to a household having an annual household income up to _____________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 5,00,000
- 2Rs. 3,00,000✓
- 3Rs. 2,00,000
- 4Rs. 4,00,000
Correct answer
Rs. 3,00,000
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