BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
“Self Help Group” is associated with which of the following Rural Development Programmes?
A
Pradhan Mantri Gram Sadak Yojana
B
Swarna Jayanti Gram Swarozgar Yojana
C
TRYSEM
D
Indira Aawas Yojana
Explanation: 

Detailed explanation-1: -The objective of SGSY is to bring every assisted family above the poverty line within three years by providing them income generating assets through a mix of bank credit and Government subsidy.

Detailed explanation-2: -SGSY was started on 1st April, 1999 after restructuring erstwhile IRDP, TRYSEM, SITRA GKY and MWS. The basic objective is to bring assisted poor families above the poverty line by providing income generating assets through mix of bank credit and subsidy.

Detailed explanation-3: -The Swarna Jayanti Swarozgar Yojna (SGSY) has been renamed as National Rural Livelihood Mission (NRLM). With this the scheme will be made universal, more focussed and time bound for poverty alleviation by 2014.

Detailed explanation-4: -SGSY provides loans at low subsidies; PMGY develops basic healthcare in rural areas. SGSY and PMGY provide employment in urban and rural areas, respectively.

There is 1 question to complete.