Defaulters in Self-Help Groups (SHGs)

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Questions and Answers

Which agency's role is discussed in the Master Direction DBR.Dir.No.85/13.03.00/2015-16?

  • Micro Credit Organizations
  • Non-Governmental Organizations (NGOs)
  • Self Help Groups (correct)
  • Credit information reporting agencies

What is the focus of the Working Group on NGOs and SHGs as per the Master Direction DBR.Dir.No.85/13.03.00/2015-16?

  • Credit delivery through Micro Credit Organizations
  • Loans to Micro Credit Organizations
  • Credit flow to the unorganized sector
  • Linking of Self Help Groups with banks (correct)

Which date is mentioned in the Master Direction DBR.Dir.No.85/13.03.00/2015-16 as the updated version of the document?

  • April 15, 2008
  • May 10, 2021
  • September 16, 2022
  • June 10, 2021 (correct)

What does the Master Direction - Know Your Customer (KYC) Direction, 2016 primarily deal with?

<p>Customer identification and verification (A)</p> Signup and view all the answers

What is one of the major recommendations of the Working Group on NGOs and SHGs as per the Master Direction DBR.Dir.No.85/13.03.00/2015-16?

<p>Linking of Self Help Groups with banks (C)</p> Signup and view all the answers

What is the focus of the Master Direction - Reserve Bank of India (Interest Rate on Advances) Directions, 2016?

<p>Interest rates on advances (D)</p> Signup and view all the answers

What aspect does the Master Direction primarily cover with regard to Micro Finance?

<p>Credit delivery through Micro Credit Organizations (B)</p> Signup and view all the answers

What aspect does the Master Direction focus on in relation to Credit flow to the unorganized sector?

<p>Micro credit (D)</p> Signup and view all the answers

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