BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is not true about the National Rural Employment Guarantee Act (NREGA)?
A
Only 1
B
Only 2
C
Only 3
D
All the above
Explanation: 

Detailed explanation-1: -Dear Student, The incorrect statement about NREGA is : C) It was implemented by the state government.

Detailed explanation-2: -Mahatma Gandhi National Rural Employment Guarantee Act 2005 was passed by the UPA I. It is applicable in Rural areas only. It provides work for not less than one hundred days in a financial year. It is a social security measure that aims to guarantee the right to work.

Detailed explanation-3: -The correct answer is the Ministry of Labour Welfare and Employment. Mahatma Gandhi National Rural Employment Guarantee Act formed in 2005 to guarantee the ‘right to work’ in rural areas. It provides guaranteed wage employment to every rural household for a minimum of 100 days.

Detailed explanation-4: -Strengthening decentralised, participatory planning through the convergence of various anti-poverty and Ensuring livelihoods security. Hence option 3 is correct.

There is 1 question to complete.