Question

    Consider the following statements about e-Shakti initiate of the Government of India:

    1. e-Shakti is a pilot project of National Bank for Agriculture and Rural Development (NABARD) for digitization of self – help Groups (SHGs)

    2. It was initiated to address certain concerns like improving the quality of book keeping of SHGs and to enable banks to take informed credit decisions about the group through a Management Information System (MIS)

    Choose the right option given below:

    A Only the statement 1 is true Correct Answer Incorrect Answer
    B Only the statement 2 is true Correct Answer Incorrect Answer
    C Both the statements 1 and 2 are true Correct Answer Incorrect Answer
    D None of these Correct Answer Incorrect Answer

    Solution

    Both the statements 1 and 2 are true

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