Question
EconomyBanking, Credit and Financial InclusionFinancial Inclusion, Priority Sector and Access to CreditMedium (editorial estimate)
Question details
- Type:
- Statement based
- Skill:
- Concept understanding
- Tags:
- Financial Inclusion, Priority Sector and Access to Credit · Industrial Policy, Manufacturing and MSMEs
- Related topics:
- Industrial Policy, Manufacturing and MSMEs
Classification and difficulty are editorial labels. Explanations are awaiting review.
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Which of the following statements about M1xchange's role in Micro, Small & Medium Enterprises (MSMEs) financing is/are correct ? 1. M1xchange provides collateral based loans to MSMEs. 2. M1xchange facilitates discounting of invoices and Bills of Exchange for MSMEs. 3. M1xchange functions as a credit rating agency for MSMEs. Select the answer using the code given below :
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Question 93 · Financial Inclusion, Priority Sector and Access to Credit · Economy · UPSC Prelims 2026 (GS)