Question : When were 'Self-help groups' first established?
Option 1: 1982
Option 2: 1996
Option 3: 1992
Option 4: 1988
Answer (1)
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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