Question
Revolving Fund: DAY-NRLM, MoRD, would provide Revolving
Fund (RF) support to SHGs in existence for a minimum period of 3/6 months and follow the norms of good SHGs, i.e. they follow ‘Panchasutra’ – regular meetings, regular savings, regular internal lending, regular recoveries and maintenance of proper books of accounts. Only such SHGs that have not received any RF earlier would be provided with RF, as corpus, with a minimum of _______ and up to a maximum of _____ per SHG. The purpose of RF is to strengthen their institutional and financial management capacity and build a good credit history within the group.Solution
The correct answer is A
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