In a SHG, important decisions in regard to loan and savings are taken by _____.

Government organization

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Bank

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Non-government organisation

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Group Members

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Solution

The correct option is D Group Members
In a SHG (Self Help Group) important decisions in regard to loan and savings are taken by group members. Self Help Groups issue loans at reasonable rate of interest

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Similar questions

In a SHG, most of the decisions regarding savings and loan activities are taken by:

Choose the most appropriate answer.

(i) In a SHG most of the decisions regarding savings and loan activities are taken by

(a) Bank.

(b) Members.

(ii) Formal sources of credit does not include

(a) Banks.

(b) Cooperatives.

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