Economics · Rural Development
Which mechanism is commonly utilized to mobilize financial resources within self-reliant rural communities?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Issuing sovereign bonds in international capital markets
- 2Attracting Foreign Direct Investment (FDI) from multinational corporations
- 3Establishing microcredit systems and local Self-Help Groups (SHGs)✓
- 4Launching Initial Public Offerings (IPOs) on national stock exchanges
Correct answer
Establishing microcredit systems and local Self-Help Groups (SHGs)
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