Arrange the following steps in relation to self-help groups in the correct sequence: (1) Lending, repayment and maintaining accounts and records. (2) Arranging regular meetings with groups. (3) Identifying the area and forming a group of women with common interests. (4) Deciding on the amount for contribution and pooling the money. Choose the correct answer:
Question:
Arrange the following steps in relation to self-help groups in the correct sequence: (1) Lending, repayment and maintaining accounts and records. (2) Arranging regular meetings with groups. (3) Identifying the area and forming a group of women with common interests. (4) Deciding on the amount for contribution and pooling the money. Choose the correct answer:
Arrange the following steps in relation to self-help groups in the correct sequence: (1) Lending, repayment and maintaining accounts and records. (2) Arranging regular meetings with groups. (3) Identifying the area and forming a group of women with common interests. (4) Deciding on the amount for contribution and pooling the money. Choose the correct answer:
Options
Answer: (3) 3, 2, 4, 1
Explanation:
The correct sequential process for forming and operating a Self-Help Group (SHG) is: Step 1 — Identifying the area and forming a group of women with common interests (3); Step 2 — Arranging regular meetings with the group to build cohesion and awareness (2); Step 3 — Deciding on the amount for contribution and pooling the money into a common fund (4); Step 4 — Lending from the pooled fund, repayment, and maintaining accounts and records (1). Hence the correct sequence is: 3, 2, 4, 1.
Explanation:
The correct sequential process for forming and operating a Self-Help Group (SHG) is: Step 1 — Identifying the area and forming a group of women with common interests (3); Step 2 — Arranging regular meetings with the group to build cohesion and awareness (2); Step 3 — Deciding on the amount for contribution and pooling the money into a common fund (4); Step 4 — Lending from the pooled fund, repayment, and maintaining accounts and records (1). Hence the correct sequence is: 3, 2, 4, 1.
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