Microfinance and SHGs — Prelims Questions

Consider the following statements about the SHG-Bank Linkage Programme: 1. SHGs can access credit only after maintaining savings for a minimum of 12 months 2. The loan amount is typically limited to twice the group's savings amount 3. NABARD provides 100% refinance to banks for SHG lending 4. Individual members are personally liable for group loans Which of the statements given above are correct?

The Andhra Pradesh microfinance crisis of 2010 was primarily caused by:

Which of the following best describes the 'graduation model' in microfinance?

The JAM trinity's integration with microfinance has primarily enabled:

Consider the following about NABARD's role in microfinance: 1. It provides refinance to banks for SHG lending 2. It directly lends to individual SHG members 3. It issues guidelines for SHG formation and bank linkage 4. It regulates Microfinance Institutions (MFIs) Which of the statements given above are correct?