![WDRA and SBI Signed an Agreement to Support Farmers WDRA and SBI Signed an Agreement to Support Farmers](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgfEUpvCxsAx64YueRx82E1u5AUmInE0xe8l-6RhTb22-LbA719cvg4XYUF0BnbKNtMnaVNzdDJWI_uMegTLH38ekxCQ0wahDYyB1CrPX8EMeKY6fce-edwW0YUUPQTDaffXPykSH6VilzRocrjfMouyLuzGb--S0l0_FxkfNfhWjtBOjS5AvvgeYsGig/w320-h173-rw/SBI-3.jpg)
- The MoU was signed to raise awareness of the new loan product known as "Produce Marketing Loan" to fund against e-NWRs (electronic Negotiable Warehouse Receipts), which has features like zero processing fee, no additional collateral, and competitive interest rates.
- In addition to the inherent security and negotiability of the e-NWR system, the "Produce Marketing Loan" will improve rural liquidity and boost farmers' income.
- The National Bank for Agriculture and Rural Development (NABARD) in Mumbai, Maharashtra, hosted a seminar on "Digital financing against eNegotiable Warehouse Receipts and way ahead.
- During FY 2022–2023, loans secured by e-NWRs exceeded Rs 1,500 crore.
Question:
Q.1 WDRA and which bank signed an MoU to support farmers recently.
a. SBI
b. HDFC
c. ICICI
d. Axis bank
a. SBI
b. HDFC
c. ICICI
d. Axis bank