allerySelf-Help Groups (SHGs) typically have
A1000+ members nationally
B10-20 members, usually women, from a neighbourhood pooling savings
Conly male members
Donly government employees
Answer & Solution
Correct answer: B. 10-20 members, usually women, from a neighbourhood pooling savings
1. SHGs are small groups of 15-20 members, usually women from a neighbourhood.
2. Members pool savings and the group lends to members at low interest.
3. Some bank loans are routed through SHGs.
_Source: syllabus Understanding Economic Development, Ch 3 "Money and Credit"_
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