Economics · Economy
Consider the following statements regarding the delivery channels of Microfinance in India: 1. NBFC-MFIs provide both collateral-free loans and non-credit services like financial literacy training. 2. The SHG-Bank Linkage Programme provides credit from a bank to an individual member only after the SHG has achieved the status of a mature group. 3. JLGs require less intense social intermediation than SHGs, making them simpler for formal banking institutions. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2, and 3
- 21 and 3 only✓
- 32 and 3 only
- 41 and 2 only
Correct answer
1 and 3 only
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