Question : A project for purveying microcredit by linking Self-Help Groups (SHGs) with banks was launched by ________in 1992.
Option 1: NABARD
Option 2: SIDBI
Option 3: RRB
Option 4: IRMA
Correct Answer: NABARD
Solution : The correct option is NABARD
The project for purveying microcredit by linking self-help groups (SHGs) with banks was launched by the National Bank for Agriculture and Rural Development (NABARD) in 1992. NABARD is a development financial institution in India that focuses on rural and agricultural financing. The initiative aimed to empower women in rural areas through the formation of self-help groups and providing them with access to financial services through linkages with banks.
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