- This initiative aims to bridge the financial gap in rural areas by offering a more accessible and efficient way to manage these social security programs.
- Here are the key points:
- Goal: Simplify enrolment, claim settlement, and overall transparency for Jan Suraksha Schemes (government social security plans) for beneficiaries served by RRBs.
- Platform: JanSuraksha Portal will be used to onboard all 43 RRBs.
- Benefits:
- Easier processes for applying and receiving benefits.
- Faster claim disbursal.
- Increased financial inclusion for rural communities.
- Aligns with the Digital India initiative to promote digital financial services.
Question:
1 What is the main goal of the partnership between NABARD and Online PSB Loans Ltd?
- A) To digitize Jan Suraksha Schemes for Regional Rural Banks (RRBs)
- B) To provide new social security programs for rural India
- C) To offer new financial products to urban populations
- D) To replace Regional Rural Banks with online lenders