NRLM - GS questions based on daily current affairs

1)   Consider the following statements about NRLM

1. It promotes self-employment and organization of rural poor.
2. It is supported by World Bank with a credit of $1 Billion.

Which of the above statements is/are correct?


a. Only 1
b. Only 2
c. Both
d. None
Answer  Explanation 

ANSWER: Both

Explanation:
NRLM scheme was launched in 2011 with a budget of $ 5.1 billion and is one of the flagship programmes of Ministry of Rural Development. This is one of the world's largest initiatives to improve the livelihood of poor.