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Answer in one sentence. What is SHG? - Organisation of Commerce and Management

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One Line Answer

Answer in one sentence.

What is SHG?

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Solution

SHG is a small group of homogeneous individuals who come together with the objective of creating a common fund through savings and meet members' emergency needs by providing collateral-free loans.

Concept: Institutes Supporting Business
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APPEARS IN

Balbharati Organisation of Commerce and Management (OCM) 11th Standard HSC Maharashtra State Board
Chapter 6 Institutes Supporting Business
Exercise Q.1 | Q 7.4 | Page 135
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