Which of the following statements about M1xchange's role in Micro, Small & Medium Enterprises (MSMEs)…

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

2 only

Answer

1, 2 and 3

Answer

2 and 3 only

Answer

1 only

UPSC Prelims 2026 Question 20 of 71

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