Which of the following statements about M1xchange’s role in MSMEs financing is/are correct?
1. M1xchange provides collateral based loans to MSMEs.
2. M1xchange facilitates discounting of invoices and Bills of Exchange for MSMEs.
3. M1xchange functions as a credit rating agency for MSMEs.
Prelims
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Economics › Financial Inclusion,PSL
Economics › Financial Inclusion,PSL
Options
Answer
(b) 2 only
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Economics › Financial Inclusion,PSL
Which one of the following correctly represents the three key sub-indices of the Financial Inclusion Index (FI-Index) of the RBI?
Options
Answer
(c) Access, Usage, and Quality
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Economics › RBIxFunctions
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Economics › Renewable Energy Sector
Economics › Renewable Energy Sector
Which of the following statements with regard to Green Hydrogen is/are correct?
1. It is decarbonized hydrogen obtained from natural gas reforming combined with carbon capture and storage (CCS).
2. It is produced using electrolysis of water with electricity generated by renewable energy.
3. National Green Hydrogen Mission of India aims for abatement of nearly 50 MMT of annual greenhouse gas emissions by 2030.Options
Answer
(b) 2 and 3 only