Which of these is NOT an NGO involved in microfinance related activities?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. NABARD in Mumbai.
NABARD (National Bank for Agriculture and Rural Development) is a financial institution owned by the Government of India. It is not an NGO but rather a development finance institution. NABARD plays a crucial role in supporting rural development by providing credit and other financial services to agriculture and rural sectors. While it does support microfinance-related activities, it is not classified as an NGO.