CDS Model Paper 1 General Knowledge

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Question : 94 of 120
 
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Consider the following statements about the recent conversion of MUDRA into bank.
1. Earlier MUDRA Ltd. was a non-banking financial company.
2 It is now known as MUDRA Small Industries Development Bank of India (SIDBI).
3. MUDRA Ltd was set up as a corporate subsidiary of SIDBI in March 2014.
4. The Union Budget 2015-16 provided for MUDRA Bank and a Credit Guarantee Fund which was to be set up with a refinance corpus of 20000 crore rupees and a corpus of 3000 crore rupees respectively.
Which statement(s) is/are correct?
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