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

bank

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group members

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non-government organisation

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government

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Solution

The correct option is B
group members

SHGs are registered/unregistered entities which usually has a membership of 15 to 20 members from very low income families, usually women. They mobilize savings from members and uses the pooled funds to give loans to the needy members.

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Similar questions

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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