Social Science · Rural Development
Which of these statements is generally true about Self-Help Groups (SHGs)?
- 1Only high-income urban populations are legally permitted to form these groups
- 2Members often share similar socio-economic backgrounds and form bonds through collective work✓
- 3They operate completely in isolation without any linkage to banking institutions
- 4SHG members are strictly selected based on high formal educational qualifications
Correct answer
Members often share similar socio-economic backgrounds and form bonds through collective work
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