Economics · Economy
Prior to the revised RBI regulatory framework harmonizing microfinance guidelines, what was the upper limit of annual household income for microfinance borrowers in rural areas?
- 1₹2 lakh
- 2₹1.5 lakh
- 3₹1.25 lakh✓
- 4₹1 lakh
Correct answer
₹1.25 lakh
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