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  1. Name the Bank that was launched by PM Narendra Modi on 8th Apr' 15 with a corpus of ₹ 20,000 Crore and credit guarantee corpus of ₹ 3,000 Crore?
    1. Awasiya Bank
    2. Jand Dhan Bank
    3. Federal Bank of India
    4. MUDRA Bank
Correct Option: D

MUDRA is abbreviated as Micro Units Development and Refinance Agency Ltd. It is set up through a statutory enactment, and is responsible for developing and refinancing all Micro-finance Institutions which are in the business of lending to micro and small business entities.


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