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Kannaki
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Asked: 2021-01-15T10:09:32+00:00 In:

How is the concept of Self Help Group important for poor people? Give your view points.

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NCERT Important Questions for Class 10 Social Science Economics Chapter 3
Social Science Class 10 Economics
Money and Credit 3
Important Questions
Long Questions

2020-2021cbsechapter 3class 10economicsmoney and creditncertsocial science
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      1. SHG’s basic idea is to provide financial resource for the poor through organizing the rural poor especially women, into small Help Groups.
      2. It organizes the rural poor, especially women, into small Self Help Groups.
      3. It collects saving of the members.
      4. it provides loans without collateral.
      5. It provides timely loans at reasonable rate of interest.
      6. It also provides a platform to discuss various social issue.

      For more answers visit to website:
      https://www.tiwariacademy.com/ncert-solutions/class-10/social-science/

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