Which of the following is/are the major functions of SHGs?
I- It aims to build the functional capacity of the poor and the marginalized in the field of employment and income generating activities.
II- It resolves conflicts through collective leadership and mutual discussion.
III- It provides collateral free loan with terms decided by the group at the market driven rates.
Solution- It looks to build the functional capacity of the poor and the marginalized in the field of employment and income generating activities. It resolves conflicts through collective leadership and mutual discussion. It provides collateral free loan with terms decided by the group at the market driven rates. Such groups work as a collective guarantee system for members who propose to borrow from organised sources. The poor collect their savings and save it in banks. In return they receive easy access to loans with a small rate of interest to start their micro unit enterprise. Consequently, Self-Help Groups have emerged as the most effective mechanism for delivery of microfinance services to the poor.
_________is the oldest public-sector bank of India.
Which among the following is not appointed by the President of India?
In which of the following states/union territories was an election NOT held during MarchApril 2021?
Which institution has created a framework for transfer of stressed loans from domestic lenders to financial institutions?
In which year the Gem and Jewelry Export Promotion Council was set up?
Ministry of Consumer Affairs concerned over the increasing ‘ dark patterns ’ of misleading advertisements, creating false urgency, confirm - shamin...
Which of the following was the leading oil producing country in the world for the year 2020, according to the US Energy Information Administration?
Which among the following is an agricultural festival of Arunachal Pradesh and celebrated by the Galo tribe?
Which of the following places is known for copper mines in India?
What is “WhatsApp” Messenger?