question_answer

Consider the following statements about MUDRA Bank:

1. It has been set - up to provide loans to the small entrepreneurs.

2. Currently it is being operationalised as a subsidiary of Small Industries Development Bank of India (SIDBI)

3. It has received a budgetary support of 20000 crore

4. This bank would be registering and regulating Micro Finance Institutions (MFIs)

Which of the statements given above is/are correct?

A)  1 and 2                

B)  1, 3 and 4

C)  1 and 4                

D)  Only 1

E)  All of these