Economics · Economy
Consider the following statements: 1. The Self-Help Group (SHG) Bank Linkage programme was originally initiated by the State Bank of India by providing microcredit to the financially deprived. 2. In an SHG, all members of a group take responsibility for a loan that an individual member takes. 3. The Regional Rural Banks and Scheduled Commercial Banks support SHGs. How many of the above statements are correct?
- 1None
- 2All three
- 3Only two✓
- 4Only one
Correct answer
Only two
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