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What was the main objective of setting up the National Minorities Development and Finance Corporation (NMDFC)?
  • a)
    To promote the development of religious minorities
  • b)
    To alleviate the lot of 14% of India's population belonging to minorities
  • c)
    To provide financial aid to minority educational institutions
  • d)
    To establish a separate ministry for minority affairs
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What was the main objective of setting up the National Minorities Deve...
The main objective of setting up the National Minorities Development and Finance Corporation (NMDFC) was to alleviate the lot of 14% of India's population belonging to minorities. The NMDFC aims to promote economic and developmental activities for the benefit of backward sections among minorities, provide loans and advances for financially viable schemes, and promote self-employment and other ventures for the benefit of minorities.
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What was the main objective of setting up the National Minorities Development and Finance Corporation (NMDFC)?a)To promote the development of religious minoritiesb)To alleviate the lot of 14% of Indias population belonging to minoritiesc)To provide financial aid to minority educational institutionsd)To establish a separate ministry for minority affairsCorrect answer is option 'B'. Can you explain this answer?
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What was the main objective of setting up the National Minorities Development and Finance Corporation (NMDFC)?a)To promote the development of religious minoritiesb)To alleviate the lot of 14% of Indias population belonging to minoritiesc)To provide financial aid to minority educational institutionsd)To establish a separate ministry for minority affairsCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What was the main objective of setting up the National Minorities Development and Finance Corporation (NMDFC)?a)To promote the development of religious minoritiesb)To alleviate the lot of 14% of Indias population belonging to minoritiesc)To provide financial aid to minority educational institutionsd)To establish a separate ministry for minority affairsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What was the main objective of setting up the National Minorities Development and Finance Corporation (NMDFC)?a)To promote the development of religious minoritiesb)To alleviate the lot of 14% of Indias population belonging to minoritiesc)To provide financial aid to minority educational institutionsd)To establish a separate ministry for minority affairsCorrect answer is option 'B'. Can you explain this answer?.
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