Question

    Which of the following are the benefits of Self-Help

    Groups (SHGs)? I- SHGs often appear to be instrumental in rural poverty alleviation. II- SHGs encourages collective efforts for combating practices like dowry, alcoholism etc. III- SHGs strive upon the idea of replacing formal banking system.
    A Only I Correct Answer Incorrect Answer
    B Only II Correct Answer Incorrect Answer
    C I & II Correct Answer Incorrect Answer
    D II & III Correct Answer Incorrect Answer
    E all of the above Correct Answer Incorrect Answer

    Solution

    Social integrity – SHGs encourages collective efforts for combating practices like dowry, alcoholism etc. Gender Equity – SHGs empowers women and inculcates leadership skill among them. Empowered women participate more actively in gram sabha and elections. Banking literacy – It encourages and motivates its members to save and act as a conduit for formal banking services to reach them.

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