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The Last Mile Financier i.e. NBFC-MFI fulfilling the following norms shall be considered eligible to avail financial assistance from NSFDC: The NBFC-MFI should be registered with the RBI as Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI).NBFC-MFI should be following all RBI norms related to Micro Finance.The NBFC-MFI should have 3 years of continuous profit track record. The NBFC-MFI should have Gross Non-Performing Assets (NPA) less than 2 % and net NPA below 0.5% as per their Annual Accounts for the preceding financial year.The NBFC-MFI should be a member of a Credit Bureau.
Which of the following areas are challenging and need fresh initiatives for development in rural India?
(1) Development of human resources
...Which of the following sectors is not part of the Industrial Index of Production ?
Which one of the following is not an objective of the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY)?
Consider the following Statements and choose the option with correct statements.
I- NABARD is a statutory body established in 1982 under Parliame...
Which of the following is/are the Components of Gramodyog Vikas yojana?
I. Agro-Based & Food Processing Industry...
India's per capita net national income (at current prices) for 2022-23 stands at_________ , according to estimates from the National Statistical Office...
Which of the following Statements about Priority Sector Lending is/are True?
I- PSL norms are decided by the RBI after discussion with the Cabine...
What is the highest inflation tolerance band as agreed by the RBI and the Government of India?
Which of the following is/are functions of Department of Economic Affairs under Ministry of Finance?
1. Preparation and presentati...
NISHTHA Programme is one of the significant programmes that us aimed at changing the education scenario of our country. Who are the beneficiaries of th...