6 Views

Question : In a self-help group, the loan and saving decisions are taken by the______.

Option 1: group members

Option 2: non-government organisation

Option 3: bank

Option 4: government


Team Careers360 5th Jan, 2024
Answer (1)
Team Careers360 19th Jan, 2024

Correct Answer: group members


Solution : The correct option is group members .

In a self-help group, loan and saving decisions are usually taken collectively by the group members. These decisions are often made through discussions and consensus among the members, with each member having a say in the process. A self-help group (SHG) is a community-based organisation or group of individuals who come together to support one another in various ways, often with a focus on improving their economic well-being.

SSC CGL Complete Guide

Candidates can download this ebook to know all about SSC CGL.

Download EBook

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books