CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which state has launched a common credit portal SAFAL’ (Simplified Application for Agricultural Loans) for the welfare of farmers?
A
Rajasthan
B
Odisha
C
Bihar
D
Jharkhand
Explanation: 

Detailed explanation-1: -Odisha Chief Minister Naveen Patnaik Wednesday launched a common credit portal ‘SAFAL’ (Simplified Application for Agricultural Loans) for the welfare of farmers.

Detailed explanation-2: -Detailed Solution: Odisha Chief Minister, Naveen Patnaik has launched a common credit portal SAFAL’ (Simplified Application for Agricultural Loans) for the welfare of farmers.

Detailed explanation-3: -Notes: The Chief Minister of Odisha, Naveen Patnaik, launched a common credit portal SAFAL (Simplified Application for Agricultural Loans) for the welfare of farmers. Through the SAFAL portal, farmers and agricultural entrepreneurs will be able to access more than 300 term loan products from over 40 partner banks.

Detailed explanation-4: -On October 26, 2022, CM Naveen Patnaik inaugurated a unified credit platform called SAFAL for the farmers in the state. Farmers and agriculture-related entrepreneurs will have access to more than 300 different term-loan products via the SAFAL application.

Detailed explanation-5: -State Co-operative Agriculture & Rural Development Banks (SCARDBs) Regional Rural Banks (RRBs) State Co-operative Banks (StCBs) District Central Cooperative Banks (DCCBs)

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