With which organizations did Small Industries Development Bank of India (SIDBI) and Women's World Banking (WWB) sign an MoU to extend the Prayaas scheme to SHG individual women in April 2024?

The Correct Answer is: (a) Jeevika, Bihar State Rural Livelihoods Mission and UMED, Maharashtra State Rural Livelihoods Mission

Explanation:
In April 2024, SIDBI and Women's World Banking (WWB) signed an MoU with Jeevika (Bihar) and UMED (Maharashtra) to extend the Prayaas scheme to SHG individual women through

Cluster Level Federations (CLFs). This aims to provide affordable microcredit.

Information Booster:
• Scheme targets SHG individual women entrepreneurs.
• Loans up to ₹2 lakh offered through Cluster Level Federations (CLFs).
• ₹50 crore earmarked by SIDBI for the pilot phase.
• Supported by MetLife Foundation and implemented with WWB’s technical assistance.