Correct Answer: Ela Bhatt
Subject: economics
Explanation: • <b>Key Fact</b> Shri Mahila SEWA Sahakari Bank was established in 1974, and its founder was Ela Bhatt. • <b>Supporting Detail</b> SEWA stands for Self-Employed Women's Association. • <b>Related Concept</b> It is a trade union based in Ahmedabad, heavily focusing on empowering self-employed women. • <b>Why wrong options are wrong</b> Muhammad Yunus founded the Grameen Bank in Bangladesh, not SEWA. • <b>Exam Trick</b> SEWA (Service) to women was pioneered by 'Ela Bhatt' in Gujarat. • <b>Additional Info</b> It remains a landmark institution for cooperative banking directed at unorganized sector women workers.
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