Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Question:

In the context of micro-finance, SHG refers to __________.

Options:

Sustainable Help for Growth

Surety and Help Group

Sustainable Help Grant

Self Help Group

Correct Answer:

Self Help Group

Explanation:

The correct answer is Option (4) - Self Help Group

In the context of micro-finance, SHG refers to "Self Help Group." These are groups of individuals, typically from similar socio-economic backgrounds, who come together to form a collective that helps members access financial services such as loans, savings, and insurance.