Advertisements
Advertisements
Question
Attempt the following.
Explain in detail the democratic setup in SHGs.
Advertisements
Solution
Democratic set up in SHGs:
- SHG is a group of the members, for the members, and by the members.
- It is the group that reflects people’s real participation in the process of development.
- Every member of the group actively participates in the functioning of SHGs.
- Members are responsible for their own future by organizing themselves into SHGs.
- They elect or select leaders for the proper functioning of the group.
- The leader is responsible for holding regular meetings and maintaining records and accounts of the group.
APPEARS IN
RELATED QUESTIONS
Select the correct Option and rewrite the sentence.
A Committee to Review the Arrangements For Institutional Credit for Agriculture and Rural Development (CRAFICARD) was constituted under the Chairmanship of _________
Give one word/phrase/term:
The Bangladeshi economist, known as the Father of Micro-finance.
Complete the sentence.
The lifeblood of a business is_______
Complete the sentence.
The father of Micro finance is _______
Answer in one sentence.
What is meant by Grameen Bank?
Answer in one sentence.
What is SHG?
Explain the following term/concept.
Udyami Mitra.
Explain the following term/concept.
Self Help-Groups.
Explain the following term/concept.
Collateral Free Loan.
Justify the following statement.
SHGS plays an important role in the empowerment of women.
Answer the following:
Write important features of SHGs.
Why is finance considered essential in business?
Which is a real-life example of retained earnings?
Which of these is a use of finance shown in the image?
What does ‘trade credit’ refer to?
Why does selecting the right source of finance matter for a business?
