Current Affairs · Government Schemes

Consider the following statements regarding Self Help Groups (SHGs) and the Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM): Statement 1: An SHG is typically a group of 10 to 20 members from similar socio-economic backgrounds, but in special areas like tribal tracts or for persons with disabilities, the minimum can be 5. Statement 2: Banks provide loan facilities to SHGs as a Term Loan or Cash Credit Limit linked to their savings corpus. Statement 3: DAY-NRLM provides a Revolving Fund of 50,000 rupees to every SHG, which is a mandatory non-repayable grant only if they have ST/SC members. Which of the statements given above are accurate?