BANK SIDBI Grade A (General) Phase I Mock Test 2024 Finance Financial Institutions Non-Banking Financial Institutions
Which of the following statements correctly describes the role of NBFCs in financial inclusion?
1. NBFCs provide credit access to underserved sectors like micro, small, and medium enterprises (MSMEs).
2. NBFCs are restricted from providing infrastructure loans under RBI guidelines.
3. They offer flexible loan products tailored to individual customer needs.
1
1 and 2 only
2
1 and 3 only
3
2 and 3 only
4
All of the above
5
None of the above