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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.

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