Economics · DAY-NRLM Financial Linkage
Which form of credit facility is primarily provided by banks to Self-Help Groups (SHGs) under the DAY-NRLM as their financial linkage, typically after the SHG has demonstrated satisfactory performance?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Term Loan for individual members only
- 2Cash Credit (CC) limit, which is a revolving line of credit for working capital needs✓
- 3Project Finance for large infrastructure projects
- 4Zero-interest grant for consumption expenses
Correct answer
Cash Credit (CC) limit, which is a revolving line of credit for working capital needs
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