Which organization has partnered with HSBC to set up a USD 100 million partial g

Question

Which organization has partnered with HSBC to set up a USD 100 million partial guarantee programme for MFIs in India?

Options:

A . IMF

B . RBI

C . ADB

D . World Bank

Answer: Option C

Asian Development Bank and HSBC India have signed an agreement to establish a USD 100 million partial guarantee programme to support more than 4,00,000 micro-borrowers and mostly women-run micro-enterprises across India.

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