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Your results are here!! for" FINANCING TO SHGs UNDER NATIONAL RURAL LIVELIHOOD MISSION (NRLM) "
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Question 1 of 10
1. Question
From which date did the National Rural Livelihood Mission (NRLM) become effective after restructuring SGSY?
Correct
NRLM was launched by restructuring Swarna Jayanti Gram Swarozgar Yojana (SGSY) and became effective from 01.04.2013.
Incorrect
NRLM was launched by restructuring Swarna Jayanti Gram Swarozgar Yojana (SGSY) and became effective from 01.04.2013.
Unattempted
NRLM was launched by restructuring Swarna Jayanti Gram Swarozgar Yojana (SGSY) and became effective from 01.04.2013.
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Question 2 of 10
2. Question
What is the main aim of the National Rural Livelihood Mission (NRLM)?
Correct
NRLM aims at poverty reduction by building strong institutions of the poor, particularly women, and enabling access to financial and livelihood services.
Incorrect
NRLM aims at poverty reduction by building strong institutions of the poor, particularly women, and enabling access to financial and livelihood services.
Unattempted
NRLM aims at poverty reduction by building strong institutions of the poor, particularly women, and enabling access to financial and livelihood services.
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Question 3 of 10
3. Question
How many persons should normally constitute a Self Help Group (SHG) under NRLM?
Correct
An SHG should normally consist of 10-20 persons. In specified difficult or remote areas and groups with disabled persons, the minimum is 5 persons.
Incorrect
An SHG should normally consist of 10-20 persons. In specified difficult or remote areas and groups with disabled persons, the minimum is 5 persons.
Unattempted
An SHG should normally consist of 10-20 persons. In specified difficult or remote areas and groups with disabled persons, the minimum is 5 persons.
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Question 4 of 10
4. Question
What is the minimum number of persons required in an SHG in difficult/remote tribal areas or groups with disabled persons?
Correct
In difficult or remote tribal areas and groups with disabled persons, an SHG can have a minimum of 5 persons.
Incorrect
In difficult or remote tribal areas and groups with disabled persons, an SHG can have a minimum of 5 persons.
Unattempted
In difficult or remote tribal areas and groups with disabled persons, an SHG can have a minimum of 5 persons.
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Question 5 of 10
5. Question
For how long should an SHG have been in active existence to be eligible for credit under NRLM?
Correct
The SHG should have been in active existence for at least the last 6 months as per its books of account, not from the date of opening its savings bank account.
Incorrect
The SHG should have been in active existence for at least the last 6 months as per its books of account, not from the date of opening its savings bank account.
Unattempted
The SHG should have been in active existence for at least the last 6 months as per its books of account, not from the date of opening its savings bank account.
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Question 6 of 10
6. Question
Which of the following is NOT one of the Panchasutras to be practiced by an SHG?
Correct
The Panchasutras are regular meetings, regular savings, regular inter-loaning, timely repayment and up-to-date books of accounts.
Incorrect
The Panchasutras are regular meetings, regular savings, regular inter-loaning, timely repayment and up-to-date books of accounts.
Unattempted
The Panchasutras are regular meetings, regular savings, regular inter-loaning, timely repayment and up-to-date books of accounts.
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Question 7 of 10
7. Question
What is the maximum revolving fund provided by NRLM to each SHG?
Correct
NRLM provides a revolving fund of a minimum Rs. 10,000 and a maximum of Rs. 15,000 per SHG.
Incorrect
NRLM provides a revolving fund of a minimum Rs. 10,000 and a maximum of Rs. 15,000 per SHG.
Unattempted
NRLM provides a revolving fund of a minimum Rs. 10,000 and a maximum of Rs. 15,000 per SHG.
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Question 8 of 10
8. Question
What is the status of capital subsidy under NRLM?
Correct
Capital subsidy has been discontinued under NRLM.
Incorrect
Capital subsidy has been discontinued under NRLM.
Unattempted
Capital subsidy has been discontinued under NRLM.
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Question 9 of 10
9. Question
What minimum loan amount are banks advised to sanction to each eligible SHG under Cash Credit Limit (CCL)?
Correct
Under CCL, banks are advised to sanction a minimum loan of Rs. 6 lakhs to each eligible SHG for a period of 3 years with yearly Drawing Power.
Incorrect
Under CCL, banks are advised to sanction a minimum loan of Rs. 6 lakhs to each eligible SHG for a period of 3 years with yearly Drawing Power.
Unattempted
Under CCL, banks are advised to sanction a minimum loan of Rs. 6 lakhs to each eligible SHG for a period of 3 years with yearly Drawing Power.
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Question 10 of 10
10. Question
How is the Drawing Power (DP) for the first year under the CCL calculated?
Correct
First-year DP is 6 times the existing corpus or a minimum of ₹1.5 lakh, whichever is higher.
Incorrect
First-year DP is 6 times the existing corpus or a minimum of ₹1.5 lakh, whichever is higher.
Unattempted
First-year DP is 6 times the existing corpus or a minimum of ₹1.5 lakh, whichever is higher.