BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is true about the National Rural Employment Guarantee Act?
A
Only 1
B
Only 2
C
Only 3
D
All the above
Explanation: 

Detailed explanation-1: -Every adult member of a household in a rural area with a job card is eligible for a job under the scheme. The scheme envisages providing 100 days of guaranteed wage employment in a financial year to adult member volunteers for unskilled manual work.

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: -It aims to enhance livelihood security in rural areas by providing at least 100 days of wage employment in a financial year to at least one member of every household whose adult members volunteer to do unskilled manual work.

Detailed explanation-4: -The mandate of the MGNREGA is to provide at least 100 days of guaranteed wage employment in a financial year to every rural household whose adult members volunteer to do unskilled manual work.

There is 1 question to complete.