Self Help Group Movement — Prelims Questions

With reference to Self Help Groups (SHGs) in India, consider the following statements: 1. The SHG-Bank Linkage Programme (SBLP) was initiated by the Reserve Bank of India (RBI) in 1992. 2. SHGs primarily focus on providing collateral-free loans to their members for various purposes. 3. Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) is a key government scheme promoting SHGs. Which of the statements given above is/are correct?

Which of the following is NOT a primary objective of the Self Help Group (SHG) movement in India? (A) Promoting financial literacy and savings habit among members. (B) Providing collateral-free micro-credit to rural poor. (C) Facilitating direct equity investment in large corporate entities. (D) Empowering women through collective action and decision-making.

Consider the following statements regarding the challenges faced by the Self Help Group (SHG) movement: 1. Over-indebtedness among members due to multiple lending is a significant concern. 2. Lack of market linkages for SHG products often hinders their sustainability. 3. Political interference can sometimes undermine the democratic functioning of SHGs. Which of the statements given above are correct?

The 'Kudumbashree' programme, a prominent example of a successful SHG model, is associated with which Indian state?

Which of the following institutions is primarily responsible for providing refinance support to banks for their lending to Self Help Groups (SHGs) in India?