Question

Significance of microfinance institutions jagron josh

Answer 1

Answer:

Explanation:

There are so many financial companies established in India to absorb the saving of household sector. Government mobilizes this small saving in the economy through these financial institutions. These major and small institutions play the same role in the economy as the blood in the human body. Some examples of these financial institutions are RBI, SEBI, IDBI, EXIM Bank and Export Credit Guarantee Corporation of India (ECGC).

Answer 2

Explanation:

Significance of microfinance institutions jagron josh