Question : Which is a 10–20 person local financial intermediary committee?
Option 1: Self help groups
Option 2: National Bank for Agriculture and Rural Development (NABARD)
Option 3: Microcredit program
Option 4: All of the above
Correct Answer: Self help groups
Solution : Self Help Groups (SHGs) are homogeneous groups of 10 to 20 people that join together to help each other out when they are in need. The largest microfinance scheme in the world was born out of the SHG Bank Linkage Project, which NABARD began in 1992. Hence option a is the correct answer.
Question : ___________ is a financial institution that provides long-term credit for agriculture and rural development.
Question : Which committee recommended the establishment of the National Bank for Agriculture and Rural Development (NABARD)?
Question : Which of the following institutions provides credit for agriculture and rural development in India?
Question : What is the name of India's top funding organization for rural credit?
Question : Statement 1: The National Bank for Agriculture and Rural Development (NABARD) was established in 1982.
Statement 2: NABARD provides financial support to agriculture and rural development projects.
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