Economy : Digital Payments And Financial Inclusion

Q 5 / 8
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.
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