Q. ‘Mahila Nidhi’ is the first ever women’s cooperative fund launched by which state/UT?
Answer:
Rajasthan
Notes: Mahila Nidhi is the first-ever women’s cooperative fund launched by Rajasthan. Rajasthan Chief Minister Ashok Gehlot approved a proposal for giving 8% interest subsidy on loans obtained by the members of women’s self-help groups (SHGs) from Mahila Nidhi.
Mahila Nidhi is operated entirely by women and acts as a complementary body with the formal banking system.