BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is another name for Self help groups?
A
mutual aid
B
support groups
C
groups of people
D
All of the above
Explanation: 

Detailed explanation-1: -Notes: Self-help groups-also called mutual help or mutual aid groups-are composed of peers who share a similar mental, emotional, or physical problem, or who are interested in a focal issue, such as education or parenting.

Detailed explanation-2: -Other terms that may be used for “self-help groups” include: local disability groups, parents groups, social groups, peer groups, clubs or mutual aid groups.

Detailed explanation-3: -Self-help Groups (SHGs) are informal associations of people who come together to find ways to improve their living conditions. They are generally self-governed and peer-controlled.

Detailed explanation-4: -SELF HELP GROUP & LEADERS Prayaas S.H.G. Guru Ravi Das S.H.G. Adarsh S.H.G. Laxmi S.H.G.

Detailed explanation-5: -It has three components i.e., microcredit, entrepreneurship and empowerment. It has three tier structure-neighborhood groups (SHG), area development society (15-20 SHGs) and Community development society (federation of all groups).

There is 1 question to complete.