Economics · Banking and Finance
Which of the following is a primary characteristic feature or dimension of microfinance institutions (MFIs) in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Issuance of premium credit cards to high-net-worth individuals
- 2Large-scale investment in the stock market
- 3Offering high-interest commercial real estate loans
- 4Outreach to rural areas and low-income groups✓
Correct answer
Outreach to rural areas and low-income groups
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