Question

Which of the following best distinguishes a Joint Liability Group (JL

Q: Answer-Which of the following best distinguishes a Joint Liability Group (JLG) from a Self-Help Group (SHG)...

A JLG is essentially a credit-linkage mechanism where members jointly and severally guarantee each others loans taken directly from a bank for production purposes, whereas an SHG is centred on regular thrift, internal lending, and gradual credit discipline before bank linkage.

G from a Self-Help Group (SH
G in the context of institutional agricultural credit delivery?

A JLG members save regularly and lend among themselves, while SHG does not

B SHG is meant only for men, and JLG only for women

C JLG loans do not require any documentation whatsoever

D There is no practical difference between a JLG and an SHG

E A JLG is formed by individual farmers who mutually guarantee each other's crop/term loans from a bank for production credit, whereas an SHG functions mainly around internal thrift and rotation of savings

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