26. Which of the following statements is true regarding the role of banks in SHGs?
a) Banks only provide loans to SHGs, without any involvement in group activities
b) Banks play a passive role by providing loans and monitoring repayments
c) Banks actively support and nurture SHGs by providing financial and technical assistance
d) Banks are not involved in SHGs at all
27. Which sector is the primary focus of SHGs in terms of providing microfinance?
a) Agriculture and farming
b) Manufacturing and industry
c) Education and healthcare
d) All sectors are equally covered by SHGs
28. How does the promotion of SHGs contribute to financial inclusion?
a) By providing access to formal credit for marginalized communities
b) By promoting a savings culture among individuals
c) By offering financial services tailored to the needs of low-income individuals
d) All of the above
29. Which of the following is not a benefit of joining an SHG?
a) Access to low-interest loans
b) Social bonding and support from fellow members
c) Increased risk of loan defaults
d) Skill development and capacity building
30. What is the primary objective of SHGs in terms of loan utilization?
a) Productive use of loans for income generation
b) Personal consumption and lifestyle enhancement
c) Repayment of existing debts
d) Charity and philanthropy
