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Question

Which of the following schemes aims to organise self-help groups and provide financial assistance?

A
The Pradhan Mantri Mudra Yojana (PMMY)
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B
The Rural Employment Generation Programme (REGP)
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C
The Swarnajayanti Gram Swarozgar Yojana (SGSY)
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D
Prime Minister Rozgar Yojana (PMRY)
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Solution

The correct option is C The Swarnajayanti Gram Swarozgar Yojana (SGSY)
The Swarnajayanti Gram Swarozgar Yojana (SGSY) aims to assist poor families in rising above the poverty line by organising them into self-help groups, and providing them bank credit and government subsidies. This scheme was launched in 1999.

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