Which of the following statements about M1xchange's role in Micro, Small & Medium Enterprises (MSMEs) financing is/are correct ? 1. M1xchange provides collatera

Question

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 :

Accepted Answer

(B) 2 only

Answer

(A) 1, 2 and 3

Answer

(C) 2 and 3 only

Answer

(D) 1 only