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Mahila Money and Visa launched Prepaid Card for Women Entrepreneurs

Published on March 17, 2022
Current Context: Mahila Money, Visa, and Transcorp has collaborated and launched Mahila Money Prepaid cards for women entrepreneurs.
Mahila Money and Visa launched Prepaid Card for Women Entrepreneurs
  • This prepaid card will help women entrepreneurs to use the card for digital payments more effectively.
  • This card will fill up the gap of the community and fulfill the convenience of the bank account with added flexibility and will pave the way for financial and economic freedom for millions of women.
  • According to the survey, All-India Debt and Investment Survey (AIDIS), has found that around 80.7% of the women in the rural areas and 81% of the women in urban have their bank accounts.
  • Also, approx. 55% of the women do not use their bank account accounts actively.
  • Mahila Money offers loans to the women to build up their businesses and products so that they can meet up to their working capital and grow with more opportunities.

Question: 

Q.1 Mahila Money and Visa launched a prepaid card for whom?
a. Labour
b. Men
c. Women
d. Children
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