CURRENT AFFAIRS

Detailed explanation-1: -Muskan Anand. Option B) Rajasthan. Rajasthan signed a memorandum of understanding (MoU) with the Telangana government’s Stree Nidhi Credit Cooperative Federation.

Detailed explanation-2: -The first all-women-run financial institution in the cooperative sector is coming soon in Rajasthan following a memorandum of understanding (MoU) has signed with the Telangana government’s Stree Nidhi Credit Cooperative Federation. The new body will promote women’s empowerment by supporting their enterprises.

Detailed explanation-3: -KOO News: Koo signs MoU with Telangana government, to open development center in Hyderabad - The Economic Times.

Detailed explanation-4: -India’s first women’s bank, Bharatiya Mahila Bank, was inaugurated in Mumbai on Smt Indira Gandhi’s birthday by the former Prime Minister Dr Manmohan Singh. The Bank’s main goals are to concentrate on women’s banking needs and foster economic empowerment.

Detailed explanation-5: -The first branch of Bharatiya Mahila Bank (BMB), India’s newest public sector bank, was inaugurated on November 19, 2013 by Prime Minister Manmohan Singh. The BMB will focus on lending predominantly to women, but there will be no restriction on account opening by men.