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Question : When were 'Self-help groups' first established?

Option 1: 1982

Option 2: 1996

Option 3: 1992

Option 4: 1988


Team Careers360 11th Jan, 2024
Answer (1)
Team Careers360 12th Jan, 2024

Correct Answer: 1992


Solution : NABARD began actively marketing self-help groups in 1991–1992. And it served as the actual launch pad for the "SHG movement." The Reserve Bank of India additionally permitted SHGs to create bank savings accounts in 1993.
Hence option c is the correct answer.

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