Question : Which of these is not an Indian non-governmental organisation (NGO) involved in microfinance-related activities?
Option 1: MYRADA in Bangalore
Option 2: NABARD in Mumbai
Option 3: SEWA in Ahmedabad
Option 4: ADITHI in Patna
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Correct Answer: NABARD in Mumbai
Solution : The correct answer is NABARD in Mumbai .
The NABARD stands for National Bank for Agriculture and Rural Development. NABARD was established on the recommendations of the B. Sivaramman Committee (by Act 61, 1981 of Parliament) on 12 July 1982 to implement the National Bank for Agriculture and Rural Development Act 1981.NABARD is an apex regulatory body for the overall regulation of regional rural banks, and cooperative banks in India.
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