economics easy Fill in the Blank

The MUDRA Bank, launched to provide funding to the non-corporate, non-farm small/micro enterprises, operates under the tagline 'Funding the ___'.

  1. inflation
  2. Rules
  3. Unfunded
  4. public

Answer: Unfunded

MUDRA stands for Micro Units Development and Refinance Agency. Its core mandate is to 'Fund the Unfunded' by providing institutional credit to millions of small entrepreneurs, street vendors, and artisans who traditionally fall outside the purview of formal banking channels and rely on exorbitant informal moneylenders.

Topic Indian Economy - Schemes
Exam Relevance SSC, Railway, Banking