Economics · Economy
What is the primary objective of Micro Finance Institutions (MFIs) in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To provide financial services to the underserved or unbanked population✓
- 2To provide high-interest loans to corporate firms
- 3To invest in stock markets and mutual funds
- 4To provide insurance services exclusively
Correct answer
To provide financial services to the underserved or unbanked population
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