Question

    What is a prominent trend in the microfinance sector in India?

    A Integration of mobile banking services Correct Answer Incorrect Answer
    B Excessive bureaucracy in loan approvals Correct Answer Incorrect Answer
    C Decreased reliance on digital technology Correct Answer Incorrect Answer
    D Limited focus on women entrepreneurs Correct Answer Incorrect Answer

    Solution

    The SHG-bank linkage model and the joint liability group model (widely called the Grameen model although Grameen with its particular features is actually a subset of joint liability) are the most prominent microfinance operational models in India.

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