Money, Banking & RBI
Economic & Social Development · PYQ 2026
Which of the following statements about M1xchange's role in Micro, Small & Medium Enterprises (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.
Select the answer using the code given below :