Question : Which of the following statements regarding self-help organizations is untrue?
A: They were introduced in 1982
B: They are a small group of rural residents.
C: They assist rural low-income people in gaining access to credit system advantages.
Option 1: Only A
Option 2: Only B and C
Option 3: Only C
Option 4: All are false
Answer (1)
20th Jan, 2024
Correct Answer: Only A
Solution :
To connect the unorganized sector with the established banking sector, NABARD launched SHGs in 1992.
Hence option a is the correct answer.
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