Economics · Rural Development
Self-Help Groups (SHGs) in rural areas are primarily established to achieve which of the following objectives?
- 1Develop large-scale urban infrastructure
- 2Provide heavy credit lines to large corporate houses
- 3Directly manage formal school enrolments
- 4Encourage savings habits and provide collateral-free small loans among members✓
Correct answer
Encourage savings habits and provide collateral-free small loans among members
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