The core work of MUDRA (SIDBI) Bank is to:

Answer: [B] undertake refinance operations

Micro Units Development and Refinance Agency Bank renamed as MUDRA (SIDBI) Bank to undertake refinance operations refinance all banks, Micro-finance Institutions (MFIs) and Non-Banking Financial Company which then provide credit to MSMEs. The MUDRA aims to give loans below Rs 10 lakh.

This question is a part of GKToday's Integrated IAS General Studies Module