Which of the following statements about M1xchange's role in MSME 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:

ObjectiveMcq

Print Protected

Printing this content is disabled

This page is protected for print. Use the website to view the content.

UPSC CSE PRELIMS2026General Studies MSME FinancingHard

Which of the following statements about M1xchange's role in MSME financing is/are correct?

M1xchange provides collateral based loans to MSMEs.
M1xchange facilitates discounting of invoices and Bills of Exchange for MSMEs.
M1xchange functions as a credit rating agency for MSMEs.

Select the answer using the code given below:

Correct Answer: B — 2 only

Explanation:

M1xchange is a trade receivables discounting platform for MSMEs. So statement 2 is accepted because it facilitates invoice and bill discounting. It is not a collateral-loan provider or a credit-rating agency, so statements 1 and 3 are rejected.