CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which bank has been awarded the National Award for SHG Bank Linkage?
A
Jammu and Kashmir Bank
B
Canara Bank
C
Bank of India
D
Yes Bank
Explanation: 

Detailed explanation-1: -National Award for SHG Bank Linkage 2022 Won By J&K Bank.

Detailed explanation-2: -Indian Bank bags SHG Linkage award from NABARD.

Detailed explanation-3: -Indian Bank Bags Award from NABARD Indian Bank has bagged the Best Performing Bank Award in Tamil Nadu for the FY 2021-22 under SHG Bank Linkage Programme category from NABARD during NABARD’s 41st Foundation Day program on 12.07. 2022.

Detailed explanation-4: -Self Help Group – Bank Linkage Programme (SHG-BLP) Based on the observations of various research studies and an action research project carried out by NABARD, the model of ‘SHG-BLP’ has evolved as a cost-effective mechanism for providing financial services to the unreached and underserved poor households.

Detailed explanation-5: -The SHG-Bank Linkage Programme (SBLP) was initiated as an action research by the National Bank for Agriculture and Rural Development (NABARD) in 1989 and was subsequently crystallized into a pilot project in 1992.

There is 1 question to complete.