Question 272 of 1003
2023Economic and Social Development
94. Consider the following statements:
1. The Self-Help Group (SHG) program was originally initiated by the State Bank of India by providing microcredit to the financially deprived.
2. In an SHG, all members of a group take responsibility for a loan that an individual member takes.
3. The Regional Rural Banks and Scheduled Commercial Banks support SHGs.
Which of the statements given above is/are correct?