Economics · Economy

Self-Help Groups (SHGs) in rural areas are primarily established to achieve which of the following objectives?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Regulate agricultural commodity prices in local markets
2Directly manage and fund primary school enrollments
3Provide large-scale commercial corporate loans to rural industries
4Encourage micro-savings and provide small, collateral-free loans among members✓

Correct answer

Encourage micro-savings and provide small, collateral-free loans among members

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