Topics: CH-5: RURAL DEVELOPMENT, Indian Economic Development, NCERT Books

Kudumbashree Recognition

Question

Kudumbashree thrift and credit societies have been acclaimed as the largest informal banks in which region?

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Question (English)

Kudumbashree thrift and credit societies have been acclaimed as the largest informal banks in which region?

  1. Africa
  2. Europe
  3. Asia ✓ Correct
  4. World
Explanation:
Correct Answer Explanation

Kudumbashree societies have been acclaimed as the largest informal banks in Asia in terms of participation and savings mobilised.

Key Points:
  • Started in 1995 as a small savings bank for poor women in Kerala.
  • Mobilised Rs 1 crore as thrift savings.
  • It is a community-based poverty reduction programme.
  • Focuses on women empowerment through savings and credit.
Why Other Options Are Wrong
  • A, B, D: The recognition is specifically as the largest informal banks in Asia.

📚 About this Topic — CH-5: RURAL DEVELOPMENT

This multiple choice question is from CH-5: RURAL DEVELOPMENT, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-5: RURAL DEVELOPMENT to strengthen your preparation.

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