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MoRD Signed MoU with MicroSave to Optimise Community Investment Funds

Published on August 29, 2024
Current Context: On August 24, 2024, the Ministry of Rural Development (MoRD) signed a Memorandum of Understanding (MoU) with MicroSave Consulting in New Delhi, India.
MoRD Signed MoU with MicroSave to Optimise Community Investment Funds
  • This partnership aims to optimize Community Investment Funds (CIF) under the Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM).
  • The collaboration focuses on enhancing financial inclusion, improving livelihoods, and ensuring sustainable development in rural areas.
  • By leveraging MicroSave’s expertise, the initiative seeks to provide better financial services and support to rural communities, ultimately aiming to uplift the socio-economic status of the rural population.

Question:

1 Which organization partnered with the Ministry of Rural Development on August 24, 2024, to optimize Community Investment Funds?

  • A) MicroSave Consulting
  • B) NABARD
  • C) World Bank
  • D) United Nations Development Programme (UNDP)
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