Question : In India, all loans that are below __________ are considered as micro loans.
Option 1: one lakh rupees
Option 2: two lakh rupees
Option 3: four lakh rupees
Option 4: three lakh rupees
Correct Answer: one lakh rupees
Solution : The correct answer is one lakh rupees.
In India, microloans are generally considered as below Rs. 1 lakh. Despite accusations of manipulating the finances of the poor, MFIs often provide lower interest rates in traditional banks. This financial inclusion approach aims to empower individuals who lack access to mainstream banking facilities.
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Question : How many times has India won the ICC U-19 World Cup?
Option 1: Two
Option 2: One
Option 3: Four
Option 4: Three
Question : Since independence, how many times national emergency has been declared in India?
Option 1: One time
Option 2: Two times
Option 3: Three times
Option 4: Four times
Question : How many sites were chosen from India for the 2019 UNESCO Asia-Pacific Awards for Cultural Heritage Conservation?
Option 1: Five
Option 2: Four
Option 3: Two
Question : As per the Constitution of India, Panchayats at the intermediate level may not be constituted in a state having a population not exceeding:
Option 1: twenty-five lakh
Option 2: twenty lakh
Option 3: twelve lakh
Option 4: fifteen lakh
Question : As of 15th March 2021, how many women judges were there in the Supreme Court of India?
Option 1: 5
Option 2: 2
Option 3: 4
Option 4: 3
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