question_answer

Which of the following statements is/are correct about Micro Units Development Refinance Agency (MUDRA)?

1. CGF (Credit Guarantee Fund) is expected to guarantee more than 1,00,000 crore rupees worth of loans to micro and small units in the first instance.

2. It will reduce the credit risk to banks and other financial intermediaries.

A)  Only 1                         

B)  Only 2

C)  Both                           

D)  None