General Knowledge · Social Sector Schemes
Why is timely repayment of loans crucial for Self-Help Groups (SHGs) under the Panchasutra principles?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It fulfills corporate social responsibility mandates.
- 2It ensures the group's credibility with banks and facilitates smooth recycling of funds.✓
- 3It reduces the requirement for holding regular meetings.
- 4It is purely symbolic for government reports.
Correct answer
It ensures the group's credibility with banks and facilitates smooth recycling of funds.
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