Current Affairs · Financial Inclusion
What is the primary benefit of 'internal lending' within Self-Help Groups (SHGs)?
- 1Providing high-interest credits to non-members
- 2Providing quick, low-interest, and collateral-free loans to group members✓
- 3Restricting assistance strictly to crop insurance premiums
- 4Securing commercial life insurance policies
Correct answer
Providing quick, low-interest, and collateral-free loans to group members
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