Choose the correct option in the context of the given sentences. Assertion: Self-help groups (SHGs) have emerged as an effective model for microfinance in India. Reason: SHGs are able to pool resources and negotiate better loan terms with microfinance institutions.

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Economics · Economy

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Both assertion and reason are true, and the reason is the correct explanation of the assertion.

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Answer 1

The assertion is true, but the reason is false.

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