alleryStart learning →The Kudumbashree thrift and credit society for poor women was started in
A1969
B1995
C1982
D2005
Answer & Solution
Correct answer: B. 1995
1. Kudumbashree set out to encourage savings among poor women.
2. Its thrift and credit society began in **1995**.
3. It mobilised Rs 1 crore as thrift savings.
4. The scale of participation is why it is described as among the largest informal banks in Asia.
_Source: syllabus Indian Economic Development, Ch 5 "Rural Development", section 5.3 CREDIT AND MARKETING IN RURA L_
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