Economics · Rural Finance
In the context of Self-Help Groups (SHGs), what is the function of a Revolving Fund?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Refunding direct taxes to individual group members
- 2Making direct insurance payout settlements for crop failure
- 3Providing repeatable, low-interest financial assistance to build creditworthiness✓
- 4Providing a one-time grant-in-aid that does not need to be repaid to the group
Correct answer
Providing repeatable, low-interest financial assistance to build creditworthiness
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