Question

What is the function of Self-Help Groups (SHGs) in rural India?

Options

• Collecting taxes from villagers

• Saving, lending, supporting members financially and socially

• Only conducting cultural events

• Replacing Panchayati Raj institutions

Answer 1

Saving, lending, supporting members financially and socially

Explanation:

SHGs help members (mainly women) save money together and support each other to raise income and solve problems, boosting their independence and status.​