In a SHG most of the decisions regarding savings and loan activities are taken by:

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Bank

Members

Cooperatives

Non-government organisations

answer is B.

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Detailed Solution

In an SHG, most of the decisions regarding savings and loan activities are taken by Members.
The complete form of SHGs is Self Help Groups. It is a small group of 15-20 members who try to resolve their minor disputes related to economic conditions. This group is self-governed and peer-controlled. People with similar economic and social backgrounds associate with the help of any NGO or government agency. NABARD, in 1992 formed this project called Self Help Groups; today, it is the largest microfinance project. Stages of the evolution of self-help groups include: First, formation of a group; Second, funding or formation of capital; and third, developing the required skills to boost income. Functions: These are the vital source of microfinancing for the poor, Encourage the habit of saving among the poor, Offer collateral-free loans, etc.

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