Economics · Microfinance
Which of the following is a key objective of Micro Finance Institutions (MFIs) in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Providing large business loans exclusively to corporate firms
- 2Encouraging heavy, large-scale industrialization
- 3Maximizing immediate profits for institutional shareholders
- 4Promoting financial inclusion and poverty alleviation among marginalized groups✓
Correct answer
Promoting financial inclusion and poverty alleviation among marginalized groups
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