Which among the following are true with regard to self help groups?

see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.

An Intiative by Sri Chaitanya

It is found in urban areas only

It consists of 100-120 members

It does not provide financial help through loans

None of these

answer is D.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

None of these is true with regard to self help groups.
Self-help Groups (SHGs) are organisations where people gather to discuss how to better their living circumstances. This organisation is organised by gathering people together to help the rural people themselves, and thus all the decisions regarding savings or loans are taken by the members of this organisation only. It is commonly seen in rural areas. People from similar social and economic backgrounds frequently work together with the aid of any NGO or government organisation to address their problems and enhance their quality of life. It mainly consists of 15-20 members from the same neighborhood. SHGs also get loans from banks which have helped them to be better off financially.

Watch 3-min video & get full concept clarity