Question : The committee headed by Radhakrishna recommended ____________.
Option 1: the initiation of Regulatory Policy for Microfinance Institutions.
Option 2: the creation of Project EShakti.
Option 3: the initiation of the National Rural Livelihood Mission.
Option 4: the creation of RRBs.
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Correct Answer: the initiation of the National Rural Livelihood Mission.
Solution : The correct option is the initiation of the National Rural Livelihood Mission.
The committee, headed by Radhakrishna, put forth a recommendation that led to the inception of the National Rural Livelihood Mission (NRLM). This mission, launched by the Government of India, aims to elevate the socio-economic status of rural households, particularly those below the poverty line.
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