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Women SHG member appointed as a banking agent is called ______.
Question

Women SHG member appointed as a banking agent is called ______.

A.

Bank Mitra

B.

Bank Dost

C.

Bank Sakhi

D.

Bank NGO

Correct option is C

A woman SHG member appointed as a banking agent is called Bank Sakhi. This term is often used in India where 'Sakhi' translates to 'female friend' or 'associate' in English, highlighting the supportive role these agents play.
A self-help group (SHG) started in 1970s is a financial intermediary committee usually composed of 12 to 25 local women between the ages of 18 and 50.
Bank Mitra: Also known as Business Correspondent, a banking agent but not specifically a woman SHG member.
Bank Dost: Not a commonly used term for a banking agent.
Bank NGO: An NGO associated with banking activities, not an individual banking agent.

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