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Indian economy miscellaneous
  1. What is MUDRA?
    1. Development and Refinance Agency
    2. Scheme for Agricultural Insurance
    3. New Planet Discovered
    4. Development and Regulatory Authority for Urban Township
Correct Option: A

MUDRA (Micro Units Development and Refinance Agency) is a public sector finance institution that 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 on 8 April 2015.


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