Q. The Self Help Group (SHG) Bank Linkage Project was launched by which of the following?

[A] Indian Banks Bureau

[B] Regional Rural Banks

[C] National Bank for Agriculture and Rural Development

[D] Micro Finance Institutions

Answer: C
Notes:

The SHG Bank Linkage Project launched by NABARD in 1992 has blossomed into the world’s largest microfinance project. 

NABARD along with RBI permitted SHGs to have a savings account in banks from the year of 1993. This action gave a considerable boost to the SHG movement and paved the way for the SHG-Bank linkage program. 

Source: Governance in India by Laxmikanth 

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