Question : Under the 2021 regulatory framework, what is the maximum tenure of a microfinance loan in India?

Option 1: 24 months

Option 2: 12 months

Option 3: 18 months

Option 4: 36 months

Question : Which regulatory body oversees microfinance institutions in India?

Option 1: Reserve Bank of India (RBI)

Option 2: Ministry of Finance

Option 3: Insurance Regulatory and Development Authority of India (IRDAI)

Option 4: Securities and Exchange Board of India (SEBI)

Question : To be a voter in India, what is the minimum qualifying age?

Option 1: 24 years

Option 2: 22 years

Option 3: 20 years

Option 4: 18 years

Question : Which of the following is not a common product offered by microfinance institutions in India?

Option 1: Credit cards

Option 2: Personal loans

Option 3: Insurance products

Option 4: Savings accounts

Question : Which of the following institutions has been accredited as a National Implementing Entity for Adaptation Fund under the United Nations Framework Convention on Climate Change (UNFCCC) in India?

Option 1: ICAR

Option 2: NIRD

Option 3: NABARD

Option 4: RBI

Question : In which year was the Insurance Regulatory and Development Authority of India set up?

Option 1: 2002

Option 2: 1999

Option 3: 2011

Option 4: 1995