Multiple Choice Questions on MUDRA bank is subsidiary ........ for General Studies (Level 1) Preparation

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Multiple Choice Questions

MUDRA bank is subsidiary ........

Indian Economy (Easy) Money and banking
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    MUDRA bank is subsidiary?

    SEBI

    Incorrect Answer

    SIDBI

    Correct Answer

    RBI

    Incorrect Answer

    NABARD

    Incorrect Answer
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    Explanation:

    The GoI launched (April 2015) the Micro Units Development and Refinance Agency Bank (MUDRA Bank) with the aim of funding these unfunded non-corporate enterprises. This was launched as the PMMY (Prime Minister Mudra Yojana). 
    MUDRA bank is subsidiary of SIDBI

    By: bhavesh kumar singh
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