MUDRA Bank : Corpus of & credit guarantee corpus - General Economics & Indian Economy

Q.  Consider the following statements realted to Mudra bank

1. MUDRA Bank to be set up with a corpus of Rs.20,000 crore and a credit guarantee corpus of Rs.3,000 crore to help microfinancing firms

2. Micro Units account for 40 per cent of India's exports

Which of the above statement is correct?
- Published on 30 Apr 15

a. Only 1
b. Only 2
c. Both
d. None

ANSWER: Both

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