Question : Who decides the savings and loan activities in a Self Help Group (SHG)?
Option 1: Private bank
Option 2: Reserve Bank of India
Option 3: Members of the group
Option 4: Non-government organisations
Latest: SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL complete guide
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: Members of the group
Solution : The correct option is Members of the group .
The members of a Self Help Group (SHG) decide together on the group's savings and loan activities. SHGs are community-based groups where participants combine their assets, including savings, to establish a common fund. The members are then given loans from this fund depending on their unique requirements and ability to repay them.
Candidates can download this ebook to know all about SSC CGL.
Admit Card | Eligibility | Application | Selection Process | Preparation Tips | Result | Answer Key
Question : In a self-help group, the loan and saving decisions are taken by the______.
Question : Which institution launched the Self-Help Group (SHG) Bank Linkage Programme in 1992-93?
Question : Regional Rural Banks are sponsored by:
Question : The monetary policy is India is formulated by:
Question : Which of the following organisations of the Government of India has been reporting the Gross domestic product at factor cost and market prices?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile