2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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SME
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Private Bank
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NABARD
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State Bank of india
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Detailed explanation-1: -Detailed Solution. The correct answer is E-Shakti. NABARD had successfully completed a pilot project of digitisation of Self Help Groups (SHGs) in two districts (Ramgarh in Jharkhand and Dhule in Maharashtra) under Phase I.
Detailed explanation-2: -As you are aware, EShakti, pilot project for digitisation of SHGs was launched by NABARD in the year 2015 in two districts and later expanded to 100 districts (list enclosed) across the country during 2016 and 2017. It aims at digitisation of data of all SHGs for enhancing the ease of doing business with SHGs.
Detailed explanation-3: -SHG monthly meetings and their financial transactions, demand collection balance overdue of SHG Bank loan outstanding, SHG grading, balance sheet position of SHGs, detailed list of eligible SHGs as non-credit linked along with other informative reports are available under the portal.
Detailed explanation-4: -National Bank for Agriculture and RuralDevelopment (NABARD) was established on 12 July 1982 by an Act of theParliament.