Question

Identify the false statement regarding the LokOS platform.

1. LokOS is a government initiative supported by the Ministry of Rural Development (MoRD).
2. The platform aims to improve transparency and efficiency in rural community organizations.
3. Digital India Corporation is responsible for the development and management of LokOS.
4. LokOS is intended to replace all forms of digital banking services for SHGs.

• A. മൂന്ന്
• B. ഒന്നും രണ്ടും മൂന്നും
• C. രണ്ടും മൂന്നും
• D. മൂന്നും നാലും

Answer 1

Answer:

B. ഒന്നും രണ്ടും മൂന്നും

LokOS is a digital platform designed to enhance the operational efficiency and transparency of rural community-based organizations, particularly Self-Help Groups (SHGs). It operates under the National Rural Livelihoods Mission (NRLM), which is part of the Ministry of Rural Development (MoRD). The Digital India Corporation is responsible for its development, operation, and management. While LokOS digitizes financial transactions within SHGs, it does not aim to replace or supersede existing digital banking services. Its focus is on the internal financial management and record-keeping of the CBOs themselves, facilitating savings, lending, and repayment tracking within the group structure.