FREQUENTLY ASKED QUESTIONS QUESTION 1  What are the aims and objectives of National MinoritiesDevelopment and FinanceCorporation? QUESTION 2 Who are the  promoters of the NMDFC? QUESTION 3 What are theactivities of NMDFC? QUESTION 4 Who comprise the target groups for NMDFC assistance? QUESTION 5 How much is the authorised and paid-up Share Capital of NMDFC? QUESTION 6 Un-like other Apex Corporations, why States are required to contribute to the equity of NMDFC? QUESTION 7 What is the earmarked share of each State/UT Government for contribution to the equity of NMDFC and how much has since been contributed? QUESTION 8 What are the financial assistance schemes of NMDFC ? QUESTION 9 How does NMDFC reach the beneficiaries? QUESTION 10 What is the rate of interest structure for NMDFC's schemes? QUESTION 11 Does NMDFC ask for any security for its loan? QUESTION 12 What are the sectoral groups of NMDFC financial assistance? QUESTION 13 What are the  other activities of NMDFC? QUESTION 14 How different States and UTs are making use of financial assistance from NMDFC ? QUESTION 15 How many States and UTs have already nominated their Channelising Agencies for NMDFC? QUESTION 16 Which are the States who have not nominated their Channelising Agencies? QUESTION 17 How many States have established Minorities Development Corporations? QUESTION 18 Which are the States/UTs who have not availed NMDFC assistance so far? QUESTION 19 Who are the of Directors on Board of NMDFC? QUESTION 20 What is the present level of recoveries of NMDFC loan?

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