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Question
______ have emerged as an important micro finance system and led to women empowerment.
Options
NABARD
Self-Help Groups
Commercial Banks
Land Development Banks
Solution
Self-Help Groups have emerged as an important micro finance system and led to women empowerment.
Explanation:
Giving people small loans so they can start their own businesses is referred to as micro credit. Additionally, a micro credit scheme called Self-Help Groups has encouraged rural households, particularly women's households, to make little savings. Credit is extended to its members based on the mobilisation of these savings. It has caused a rise in the number of working women in rural areas.
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