Sitharaman distributes ₹1,121 crore in loans at credit outreach in Madhubani, Bihar
On 30 November 2024 in Madhubani, Bihar, Finance Minister Nirmala Sitharaman chaired a Credit Outreach Programme and distributed loans worth ₹1,121 crore to 50,294 beneficiaries.
Summary
On 30 November 2024 in Madhubani, Bihar, Union Finance and Corporate Affairs Minister Nirmala Sitharaman chaired a Credit Outreach Programme along with Bihar Deputy Chief Minister Samrat Choudhary. She distributed loans worth ₹1,121 crore to 50,294 beneficiaries. NABARD announced approval of more than ₹155.84 crore and SIDBI ₹75.52 lakh for rural road projects. The Finance Minister also gave five copies each of the Constitution in Maithili and Sanskrit to distinguished citizens.
Key facts
- Date/place
- 30 Nov 2024, Madhubani, Bihar
- Loans
- ₹1,121 crore to 50,294 beneficiaries
- Rural roads
- NABARD ₹155.84 crore+; SIDBI ₹75.52 lakh
- Constitution copies
- 5 each in Maithili and Sanskrit
Practice MCQs 2 questions
At the Credit Outreach Programme in Madhubani, Bihar, on 30 November 2024, Finance Minister Nirmala Sitharaman distributed copies of the Constitution in which two languages?
Show answer
Correct answer: B — Maithili and Sanskrit
PIB (Finance): she distributed five copies of the Constitution each in Maithili and Sanskrit to distinguished citizens.
Consider the following statements about the Madhubani Credit Outreach Programme (30 November 2024): 1. Loans worth ₹1,121 crore were distributed to 50,294 beneficiaries. 2. SIDBI announced approval of more than ₹155.84 crore for rural road projects. Which of the statements given above is/are correct?
Show answer
Correct answer: A — 1 only
PIB (Finance): loans of ₹1,121 crore went to 50,294 beneficiaries (1 is correct). The ₹155.84 crore approval was by NABARD; SIDBI approved ₹75.52 lakh (2 is wrong).