Current Affairs · Government Schemes

Consider the following statements regarding the financial rules for Self Help Groups (SHGs) under RBI and NABARD guidelines: Statement 1: The Reserve Bank of India has stipulated that for loans provided to SHGs under the Priority Sector, there is no requirement for collateral security or third-party guarantee for loan amounts up to 20 lakh rupees. Statement 2: Every SHG must undergo a mandatory statutory audit by a Chartered Accountant every year and register on the NITI Aayog Darpan portal under FCRA to maintain basic bank linkage eligibility. Statement 3: NABARD supports SHGs through capacity building programs like the Micro Enterprise Development Program (MEDP) and the Livelihood and Enterprise Development Program (LEDP). Identify the correct statements from the ones provided above.