16. SHGs are an excellent platform for promoting:
a) Financial literacy and awareness
b) Digital banking and technology adoption
c) Social cohesion and mutual support
d) All of the above
17. SHGs usually follow a lending methodology called:
a) Collateral-based lending
b) Group lending
c) Individual lending
d) Government lending
18. How are SHGs classified based on their level of maturity?
a) Primary, secondary, and tertiary SHGs
b) Junior, senior, and advanced SHGs
c) Rural, urban, and semi-urban SHGs
d) None of the above
19. In an SHG, each member is responsible for:
a) Depositing a fixed amount of money every month
b) Maintaining financial records and transactions
c) Promoting the group’s activities and recruiting new members
d) All of the above
20. SHGs are often involved in promoting:
a) Micro-enterprises and small businesses
b) Consumer goods manufacturing
c) Large-scale infrastructure projects
d) International trade and export-import
