📝 Multiple Choice Question
Economics
During which Five-Year Plan did the expansion of microfinance and Self-Help Group (SHG) bank linkages receive significant policy thrust for financial inclusion in India?
A
Tenth Year Plan (2002-2007)
B
Fourth Five-Year Plan (1966-1974)
C
Ninth Five-Year Plan (1997-2002)
D
Seventh Five-Year Plan (1985-90)
Explanation
The Tenth Five-Year Plan explicitly recognized microfinance as a crucial tool for poverty reduction and vigorously promoted the SHG-Bank Linkage Programme to expand financial inclusion.
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