Economics · Economy
Identify the INCORRECT statement/s concerning Self-Help Groups (SHGs). i. They include voluntary groups of up to 20 socially and economically homogenous people. ii. There is no need to follow any well-defined rules and bye-laws for SHGs. iii. In April 1996, RBI declared SHG-BLP as a priority sector lending activity.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1ii and iii
- 2Only i
- 3Only iii
- 4Only ii✓
Correct answer
Only ii
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