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    Question

    SHWAS and AROG schemes have been launched by which bank

    to help the sufferer with the required financial support in the fight against the COVID-19 pandemic.
    A Yes Bank Correct Answer Incorrect Answer
    B SIDBI Correct Answer Incorrect Answer
    C IDBI Correct Answer Incorrect Answer
    D Bank of Baroda Correct Answer Incorrect Answer
    E SBI Bank Correct Answer Incorrect Answer

    Solution

    The main motive of the SHWAS and AROG loan schemes is to provide financial support to the Healthcare sector which is involved in the manufacturing of oxygen supplies and other products to fight against the Covid-19 and to encourage MSMEs who are helping others fight the pandemic.

    SHWAS (SIDBI assistance to Healthcare sector in War Against Second wave of COVID19).

    AROG (SIDBI Assistance to MSMEs for Recovery & Organic Growth during COVID-19 pandemic).

    SIDBI- Small Industries Development Bank of India.

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