Economy : Employment & Livelihood Schemes

Q 1 / 6
Consider the following statements :
  1. The Self-Help Group (SHG) programme was originally initiated by the State Bank of India by providing microcredit to the financially deprived.
  2. In an SHG, all members of a group take responsibility for a loan that an individual member takes.
  3. The Regional Rural Banks and Scheduled Commercial Banks support SHGs.
How many of the above statements are correct?