Question

Organisations of rural poor, that help borrowers to overcome the problem of lack of collateral are _____.

• A. Self Help Groups
• B. Service Holder Groups
• C. Self Housing Groups
• D. Soul Harassing Groups

Answer 1

The correct option is A Self Help Groups

Self Help Group is a small group of organization of 15 to 20 people formed to mutually help each other.
Self Help Groups help in promoting Self Employment , credit, awareness and savings.
Banks support SHGs by means of Bank Linkage programme.