In 2000-01, NABARD instituted the Micro Finance Development Fund with a corpus of ________.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. ₹100 crores.
In 2000-01, NABARD established the Micro Finance Development Fund with a corpus of ₹100 crores. This fund aims to support and promote microfinance initiatives, enhancing access to financial services for the underserved and contributing to poverty alleviation in India.