Economics · Rural Development
What is the primary role of Self-Help Groups (SHGs) in rural development?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1They promote collective savings and access to microfinance for rural households.✓
- 2They provide rural households with directly subsidised government long-term commercial loans.
- 3They act as informal private money lenders in remote villages.
- 4They serve as formal rural government employment registration offices.
Correct answer
They promote collective savings and access to microfinance for rural households.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Rural Development MCQs →Want more practice questions on Rural Development?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Rural Development