Who takes the decision regard in the savings and loan activities in a Self Help Group (SHG)

Options

A. Private Bank
B. Reserve Bank of India
C. Members or group
D. Non Government Organizations

Answer

C

Explanation

Self-Help Group (SHG) 18 a small voluntary association of poor people, preferably from the same socio-economic background, who do not have access to formal financial institutions. They come together for the purpose of solving their common problems through self-help and mutual help. It works on the collective decision of members.