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Who is the regulator for Micro-finance institutions in Bangladesh ?

Who is the regulator for Micro-finance institutions in Bangladesh ? Correct Answer MRA

Microcredit Regulatory Authority (MRA) is the central body to monitor and supervise microfinance operations of non - governmental organizations of the Republic of Bangladesh. It was created by the Government of People's Republic of Bangladesh under the Microcredit Regulatory Authority Act (Act no. 32 of 2006).

Related Questions

Which of the following is not a function of SIDO?
1. Itaims at evolving a national policy for the growth and development of SSIs. It gathers data on imported consumer products and to enable the establishment of industrial units to manufacture these goods by providing organised help.
2. It also keeps proper link with the related Planning Commission, Central Ministries, Financial Institutions and State Governments etc.
3. It sets aside items for small scale manufacturing, and provides necessary support for the development of auxiliary units.
4. It provides direct support for infrastructure development and lending money to microfinance institutions.
Select the correct answer
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