Question 17 of 20
Q.In the following question, a statement of Assertion (A) is followed by a statement Reason(R). Choose the correct alternative among those given below :
(A) Both Assertion(A) and Reason(R) are true and Reason(R) is the correct explanation of Assertion(A)
(B) Both Assertion(A) and Reason(R) are true and Reason(R) is not the correct explanation of Assertion(A)
(C) Assertion(A) is true but Reason(R) is false
(D) Assertion(A) is false but Reason(R) is true
Assertion(A) : A Self Help Group is a financial intermediary committee usually composed of 10 to 20 local women.
Reason(R) : Self Help Groups empowers the saving habits especially of rural women.
Manipur CohsemCOHSEM Manipur Higher Secondary 1st Year (Commerce) 2025MCQ· 1mImportance★★★★★est
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Start your 14-day free trial to unlock the full solution →A is true, R is true, but R does not explain A.
Assertion (A) is correct: a Self Help Group (SHG) is indeed a voluntary financial intermediary/informal association, typically composed of 10 to 20 local women (or men) from similar socio-economic backgrounds, who come together to pool small savings regularly and extend credit to members.
Reason (R) is also correct as a general statement: SHGs do empower the saving habit, especially among rural women, by encouraging regular small deposits and building financial discipline and confidence.
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