Question : Self-help groups offer credit to rural households ________.
1: Without collateral
2: At a moderate rate of interest
Option 1: Option a

Option 2: Option b
Option 3: Both of the above
Option 4: None of the above

Question

Question : Self-help groups offer credit to rural households ________.
1: Without collateral
2: At a moderate rate of interest

Option 1: Option a

Option 2: Option b

Option 3: Both of the above

Option 4: None of the above

Team Careers360 · Accepted Answer

Correct Answer: Both of the above

Solution : SHG is a mutual help group of people who provide support among themselves.
1:In an SHG (Self Help Group) important decisions in regard to loans and savings are taken by group members.
2:Self Help Groups issue loans (credit) at a reasonable rate of interest.
3:They come together to solve their economic issues, earn income and become self-reliant.
4:Helped women to discuss relevant issues like health.
Hence option c is the correct answer.

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Question : Self-help groups offer credit to rural households ________. 1: Without collateral 2: At a moderate rate of interestOption 1: Option a Option 2: Option bOption 3: Both of the aboveOption 4: None of the above

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Question : Self-help groups offer credit to rural households ________.
1: Without collateral
2: At a moderate rate of interest
Option 1: Option a

Option 2: Option b
Option 3: Both of the above
Option 4: None of the above

Question : Self-help organizations give rural households credit.
A: At a reasonable interest rate
B: Without collateral

Question : Which source of credit had emerged to fully integrate the formal credit system into the overall rural social and community development?
A: Land development banks
B: Self-help groups
C: Regional rural banks

Question : Which statement is correct:
Statement 1: NABARD is the apex bank of rural credit.
Statement 2:Self Help group provides a scheme of microfinance.