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Question : In June _________, the Reserve Bank of India published a "Consultative Document on Regulation of Microfinance".

Option 1: 2021

Option 2: 2019

Option 3: 2022

Option 4: 2020


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Team Careers360 13th Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

Correct Answer: 2021


Solution : The correct answer is 2021.

The Reserve Bank of India (RBI) released a "Consultative Document on Regulation of Microfinance" in June 2021. Although this review's stated goals are to encourage lender competition and the financial inclusion of the underprivileged, the suggestions are likely to hurt these groups.

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