In an SHG, most of the decisions regarding savings and loan activities are taken by ___________.

Bank

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Members

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Non-government Organisation

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None of the above

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Solution

The correct option is D 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.
SHG is a mutual help group who provide support among themselves.
They come together to solve their economic issues and earn income.

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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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