alleryStart learning →Small credit provisions routed through Self-Help Groups are generally called
Amicro-credit programmes
Bpriority sector bonds
Copen market operations
Dstatutory liquidity loans
Answer & Solution
Correct answer: A. micro-credit programmes
1. SHGs lend small amounts from pooled member savings.
2. Support funds of roughly Rs 10-15,000 per SHG are provided, plus a Community Investment Support Fund.
3. Such provisions are termed **micro-credit programmes**.
4. They are credited with helping the empowerment of women.
_Source: syllabus Indian Economic Development, Ch 5 "Rural Development", section 5.3 CREDIT AND MARKETING IN RURA L_
Keep practising Rural Development
Browse all Rural Development questions for IBPS Clerk, or explore more Banking Awareness topics.
Related questions
Tap every institution that is part of the rural banking structure.Place the milestones of Indian rural credit on the timeline.Under the Jan-Dhan Yojana, account holders can get an overdraft facility ofWhich problem is identified as chronic in the rural banking system?In the critical appraisal of rural banking, which institution is the noted exception on deThe Green Revolution changed rural credit chiefly by shifting the portfolio towardsBy May 2019, roughly how many women were members of women's Self-Help Groups in India?Self-Help Groups build their lending pool mainly from