Social Science · Banking and Finance
What is the first step in the Self-Help Group (SHG)–Bank linkage process?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Opening a savings bank account for the SHG✓
- 2Monitoring and review of individual lending history
- 3Filing annual income tax returns for members
- 4Issuing a cash credit loan to the SHG
Correct answer
Opening a savings bank account for the SHG
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