Question
Download Solution PDFSEWA Cooperative Bank was first initiated in ______ in 1974.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Ahmedabad.Key PointsSEWA Cooperative Bank:
- It was initiated in Ahmedabad in 1974 specifically to offer small loans to low-income women.
- SEWA stands for Self Employed Women's Association.
- The International Labour Organization recognized this program as a microfinance movement.
- It has empowered women via skill development and training, assisting in their rehabilitation throughout personal, political, and even social crises.
- It encouraged cooperative textile production, consumption, and marketing—the fundamentals of India's industrialization.
Additional InformationVaranasi:
- Benaras or Kashi are other names for it.
- It is in the southeastern part of Uttar Pradesh.
- It is one of the seven holy towns of Hinduism and is situated on the left bank of the Ganges (Ganga) River.
- It is among the world's oldest cities to have been inhabited continuously.
- It is credited as the birthplace of Ayurveda.
Chennai:
- It is located on the Coromandel Coast along the Bay of Bengal.
- It serves as Tamil Nadu's capital.
- The seven massive Dravidian-style temples located in the city's George Town, Mylapore, and Triplicane districts are the most recognizable structures in the entire area.
- The Parthasarathi Temple, constructed by Pallava rulers in the eighth century, is the oldest temple in the city.
Jaipur:
- It is the capital of Rajasthan.
- It is also known as Pink city.
- It is known across the world for its colored gems.
- It is planned by Vidyadhar Bhattacharya.
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