Self Help Groups (SHG) bank Linkage programme is related to which of the following ?
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Financial Inclusion
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Micro-Finance
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Venture Capital
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SME Finance
B
Correct answer
Explanation
The Self Help Groups (SHG) Bank Linkage Programme is India's flagship micro-finance initiative that links small voluntary groups of women (typically 10-20 members) with banks for credit facilities. Started in 1992, it enables poor rural women to access small loans for income-generating activities without collateral, making it synonymous with micro-finance in the Indian context.