39 - Self-Help Groups
Banking Awareness Multiple Choice Questions (MCQs) and Answers with explanation on Self-Help Groups for IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Bank
1. Who among the following first launched self Help Group (SHG) Bank Linkgage programme?
[A] RRBs
[B] NABARD
[C] SBI
[D] RBI
Show Answer
Correct Answer: B [NABARD]
Notes:
NABARD is also known for its ‘SHG Bank Linkage Programme’ which encourages India’s banks to lend to self-help groups (SHGs).
2. Which of the following banks are part of the famous SHG-Bank linkage programme for microfinance in India ?
1. Regional Rural Banks (RRBs)
2. Cooperative banks
3. Commercial banks
Select the correct option from the codes given below:
[A] 1 and 2 only
[B] 1 and 3 only
[C] 2 and 3 only
[D] 1, 2 and 3
Show Answer
Correct Answer: D [1, 2 and 3]
Notes:
Regional Rural Banks (RRBs), Cooperative banks and Commercial banks are all part of the famous SHG-Bank linkage programme for microfinance in India.
3. How many members are there in one Self Help Group?
[A] 1-5
[B] 10-20
[C] 20-25
[D] 5-10
Show Answer
Correct Answer: B [10-20]
Notes:
A self-help group (SHG) is a financial intermediary committee usually composed of 10–20 local women or men. Most self-help groups are located in India, though SHGs can be found in other countries, especially in South Asia and Southeast Asia.
4. One of the delivery channel for Micro Finance is SHG model. SHG means?
[A] Soar Help Group
[B] Sake Help Group
[C] Self Help Group
[D] Self Hope Group
Show Answer
Correct Answer: C [Self Help Group]
Notes:
A self-help group (SHG) is a financial intermediary committee usually composed of 10–20 local women or men. Most self-help groups are located in India, though SHGs can be found in other countries, especially in South Asia and Southeast Asia.
5. How much percent of SHG consists exclusively of women?
[A] 90%
[B] 50%
[C] 80%
[D] 60%
Show Answer
Correct Answer: A [90%]
Notes:
90% of SHG consists exclusively of women. Woman animators can play more effective role in organising women SHGs.
6. When was Self Help Group introduced in India?
[A] 1996
[B] 2000
[C] 1980
[D] 1992
Show Answer
Correct Answer: D [1992]
Notes:
Self Help Group programme was started at the initiative of NABARD in 1992 to link the unorganised sector with the formal banking sector.
7. Which of the following are the roles of Self Help Groups?
[A] Income generation for poor
[B] Access to banks for poor,financial inclusion
[C] Social Upliftment of marginal sections
[D] All of the above
Show Answer
Correct Answer: D [All of the above]
Notes:
Self-Help Group (SHG) is a small voluntary association of poor people, preferably from the same socio-economic background. They come together for the purpose of solving their common problems through self-help and mutual help. The SHGs comprise very poor people who do not have access to formal financial institutions.
8. Self Help groups is related to which of the following models?
[A] Banking Model
[B] Indian Microfinance Model
[C] Financial Inclusion model
[D] VK Mehta Model
Show Answer
Correct Answer: B [Indian Microfinance Model]
Notes:
Status of Microfinance in India report has been prepared based on a unique home grown microfinance model titled Self Help Group.
9. 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
Show Answer
Correct Answer: D [All of the above]
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.
10. Who among the following has pointed out the contradictory nature of the terms “self-help” and “support”?
[A] Michael K. Bartalos
[B] C. Everett
[C] Thomas Bent
[D] None of the above
Show Answer
Correct Answer: A [Michael K. Bartalos]
Notes:
Self-help groups mutual goal is to help each other to deal with, if possible to heal or to recover from, this problem. While Michael K. Bartalos (1992) has pointed out the contradictory nature of the terms “self-help” and “support”.
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