RBI Grade B Officers 2017 jun Paper

(2) Credit Guarantee Fund forMUDRA Units(CGFMU) hasbeen established for guaranteeingloans sanctioned underPradhan Mantri Mudra Yojana(PMMY). It aims to reduce thecredit risk to Banks/NBFCs/MFIs/other financial intermediaries,who are Member LendingInstitutions (MLIs).