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Question
In a self-help group most of the decisions regarding savings and loan activities are taken by:
In a self-help group most of the decisions regarding savings and loan activities are taken by:
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Solution
The correct option is B Members
Self-help groups (SHGs) are small voluntary associations of poor people, especially women from backward classes, that come together to solve their common problems through self-help and mutual help. These groups provide finanical aid by pooling in a small amount of money. Once the group completes a substantial number of years, it becomes eligible to take loans from banks as well.
Self-help groups (SHGs) are small voluntary associations of poor people, especially women from backward classes, that come together to solve their common problems through self-help and mutual help. These groups provide finanical aid by pooling in a small amount of money. Once the group completes a substantial number of years, it becomes eligible to take loans from banks as well.
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