Rashtriya Mahila Kosh for livelihood support and income generating activities

Q.  Rashtriya Mahila Kosh (RMK) provides financial help for which of the following?

1) For livelihood support and income generating activities
2) Compensation against exploitation including rapes, domestic violence, etc.
3) Housing finance for women
- Published on 11 May 16

a. 1, 3
b. 1
c. 1, 2
d. All of the above

ANSWER: 1
 
  • Rashtriya Mahila Kosh (RMK) is an autonomous organization under the Ministry of Women & Child Development (MWCD). It is a society registered under the Societies Registration Act 1860 and an apex micro-finance organization.
  • The main objective of setting up of RMK was to provide micro-credit to poor women for various livelihood support and income generating activities at concessional terms in a client-friendly procedure to bring about their socio-economic development.
  • In fact, the quasi-formal delivery mechanism, simple procedure, in-built flexibility and concessional rates of interest are some of the hallmarks of the credit packages of the RMK.

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