Micro Units Development and Refinance Agency(MUDRA) Bank has been headquartered in _______ A. Mumbai B. Bangalore C. New Delhi D. Hyderabad

1 Answer

Answer :

C. New Delhi Explanation: Micro Units Development and Refinance Agency Bank (or MUDRA Bank) is a public sector financial institution has been headquartered in New Delhi. It provides loans at low rates to micro-finance institutions and non-banking financial institutions which then provide credit to MSMEs. It was launched by Prime Minister Narendra Modi.

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