In SHGs the credit is offered ........

In SHGs the credit is offered

Without collateral

Moderate Rate of Interest

Both a and b

None of these

- Self-Help Groups (SHGs) are grassroots financial institutions where members typically pool savings to lend among themselves.

- Option 1: Without collateral

- SHGs often provide credit without needing collateral, making it accessible to those without traditional assets.

- Option 2: Moderate Rate of Interest

- SHGs typically offer loans at moderate interest rates, which are generally lower than those of informal lenders.

- Option 3: Both a and b

- Indicates that SHGs offer credit both without collateral and at moderate interest rates.

- Option 4: None of these

- This option is incorrect as both a and b are accurate for SHGs.

Option 3: Both a and b

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