Question : Which institution launched the Self-Help Group (SHG) Bank Linkage Programme in 1992-93?
Option 1: SBI
Option 2: NABARD
Option 3: SIDBI
Option 4: IDBI
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Correct Answer: NABARD
Solution : The correct option is NABARD .
The Self-Help Group (SHG) Bank Linkage Programme was launched by the National Bank for Agriculture and Rural Development (NABARD) in 1992-93. This program aimed to facilitate financial inclusion by connecting Self-Help Groups (SHGs) with formal banking institutions, allowing them to access credit and other financial services. The initiative has played a significant role in empowering women and promoting economic development at the grassroots level in India.
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Question : Who decides the savings and loan activities in a Self Help Group (SHG)?
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