Question

    Revolving Fund (RF) is given to SHGs that have been

    practicing ‘Panchasutra’, which of the following is not in the list of panchsutra?
    A Regular meetings Correct Answer Incorrect Answer
    B Regular savings Correct Answer Incorrect Answer
    C Regular inter-loaning Correct Answer Incorrect Answer
    D Timely repayment Correct Answer Incorrect Answer
    E Regular recovery Correct Answer Incorrect Answer

    Solution

    NRLM provides Revolving Fund (RF) to SHGs of Rs.10,000-15,000 as corpus to meet the members’ credit needs directly and as catalytic capital for leveraging repeat bank finance. RF is given to SHGs that have been practicing ‘Panchasutra’ (Regular meetings; Regular savings; regular inter-loaning; Timely repayment; and Up-to-date books of accounts).

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