What is the name of the portal launched by the Government in 2022 that aims to ease the loan application and disbursement process by the applicant?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Jan Samarth.
- Launched by the Government of India in 2022, the Jan Samarth Portal is a digital platform created to make the loan application and disbursement process more efficient.
- By consolidating various government schemes into one unified portal, it allows users to apply for loans and monitor their application status easily.
- The portal aims to improve transparency, cut down on paperwork, and facilitate easier access to financial assistance for individuals and businesses through government programs.