Question

Which financial institution has launched specialized Spoorthi programme for women entrepreneurs?

• A. State Bank of India
• B. L&T Finance Ltd
• C. HDFC Ltd
• D. Bank of Baroda

Hint:

Distinct program names like 'Spoorthi' are proprietary institutional frameworks. Keeping a concise table mapping NBFCs to their micro-finance social projects simplifies recollection during examinations. center tabular|c|c| Institution & Flagship Women Program
L&T Finance Ltd & Spoorthi Programme
tabular center

Answer 1

The Correct Option is B

Step 1: Understand the question.
We need the financial institution that launched the Spoorthi programme for women entrepreneurs.

Step 2: Identify it.
The Spoorthi programme was launched by L&T Finance Ltd. It gives financial literacy, training and credit to rural and semi-urban women.

Step 3: Its purpose.
It is part of the company's social responsibility and aims to empower women through financial independence.

Step 4: Rule out others.
SBI and Bank of Baroda run schemes like Stree Shakti. HDFC has its own microfinance channels. The Spoorthi name matches L&T Finance.

Step 5: Conclude.
The Spoorthi programme is from L&T Finance Ltd.

Answer: L&T Finance Ltd