Agreement between Rajasthan Rural Livelihood Development Council and the IDBI

MOU between Rajasthan rural livelihoods and IDBI Bank

Question: Recently, Memorandum of Understanding was signed between Rajasthan Grameen Aajeevika Vikas Parishad and IDBI bank for providing bank credit to Rajivika-backed Self Help Groups.  What is the duration of this agreement?
(a) 2 years
(b) 3 years
(c) 4 years
(d) 5 years
Answer: (b)
Related Facts:

  • On September 4th, 2017, Memorandum of Understanding was signed between, the Rajasthan Rural Livelihood Development Council and the IDBI bank for providing loan to Rajivika-backed Self Help Groups.
  • Under this agreement, a loan of about 100 crore rupees is to be provide to 10,000 women self-help groups.
  • The agreement was signed between Rohit Kumar, the Director of Rajivika State Mission and Regional Head of the I.D.B.I. Bank, Anunay Kumar Jha.
  • The duration of this agreement is 3 years.

Reference:
http://dipr.rajasthan.gov.in/content/dipr/en/news-detail.53094.html
http://www.dainiknavajyoti.net/jaipur/mou-sined-in-between-idbi-bank-and-rajivika.html
http://www.aajkalnews.com/%E0%A4%B0%E0%A4%BE%E0%A4%9C%E0%A4%B8%E0%A5%8D%E0%A4%A5%E0%A4%BE%E0%A4%A8-%E0%A4%97%E0%A5%8D%E0%A4%B0%E0%A4%BE%E0%A4%AE%E0%A5%80%E0%A4%A3-%E0%A4%86%E0%A4%9C%E0%A5%80%E0%A4%B5%E0%A4%BF%E0%