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Your results are here!! for" FINANCING TO JOINT LIABILITY GROUPS (JLGs) "
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Question 1 of 10
1. Question
What is one of the main objectives of financing to Joint Liability Groups (JLGs)?
Correct
The scheme aims to augment the flow of credit to farmers, especially small and marginal farmers and other target groups.
Incorrect
The scheme aims to augment the flow of credit to farmers, especially small and marginal farmers and other target groups.
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The scheme aims to augment the flow of credit to farmers, especially small and marginal farmers and other target groups.
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Question 2 of 10
2. Question
How does a JLG serve the target group in relation to loan security?
Correct
JLGs serve as a collateral substitute for loans provided to the target group.
Incorrect
JLGs serve as a collateral substitute for loans provided to the target group.
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JLGs serve as a collateral substitute for loans provided to the target group.
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Question 3 of 10
3. Question
How does the JLG mechanism help banks minimize risks in their loan portfolio?
Correct
The JLG mechanism helps minimize risks through group approach, cluster approach, peer education and credit discipline.
Incorrect
The JLG mechanism helps minimize risks through group approach, cluster approach, peer education and credit discipline.
Unattempted
The JLG mechanism helps minimize risks through group approach, cluster approach, peer education and credit discipline.
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Question 4 of 10
4. Question
How many individuals generally comprise a Joint Liability Group (JLG)?
Correct
A JLG is an informal group comprising 4 to 10 individuals.
Incorrect
A JLG is an informal group comprising 4 to 10 individuals.
Unattempted
A JLG is an informal group comprising 4 to 10 individuals.
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Question 5 of 10
5. Question
JLG members can avail bank loans on what basis?
Correct
JLG members can avail bank loans on an individual basis or through a group mechanism against mutual guarantee.
Incorrect
JLG members can avail bank loans on an individual basis or through a group mechanism against mutual guarantee.
Unattempted
JLG members can avail bank loans on an individual basis or through a group mechanism against mutual guarantee.
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Question 6 of 10
6. Question
Generally, members of a JLG would engage in which type of economic activity?
Correct
Generally, JLG members engage in a similar type of economic activity in the Agriculture and Allied Sector.
Incorrect
Generally, JLG members engage in a similar type of economic activity in the Agriculture and Allied Sector.
Unattempted
Generally, JLG members engage in a similar type of economic activity in the Agriculture and Allied Sector.
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Question 7 of 10
7. Question
Where should JLG members generally reside in relation to each other?
Correct
Members should be residing in the same village, area or neighbourhood and know and trust each other well enough to take joint liability.
Incorrect
Members should be residing in the same village, area or neighbourhood and know and trust each other well enough to take joint liability.
Unattempted
Members should be residing in the same village, area or neighbourhood and know and trust each other well enough to take joint liability.
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Question 8 of 10
8. Question
Who is debarred from membership of a JLG?
Correct
Members who have defaulted to any other formal financial institution in the past are debarred from JLG membership.
Incorrect
Members who have defaulted to any other formal financial institution in the past are debarred from JLG membership.
Unattempted
Members who have defaulted to any other formal financial institution in the past are debarred from JLG membership.
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Question 9 of 10
9. Question
What is the rule regarding more than one person from the same family in the same JLG?
Correct
More than one person from the same family should not be included in the same JLG.
Incorrect
More than one person from the same family should not be included in the same JLG.
Unattempted
More than one person from the same family should not be included in the same JLG.
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Question 10 of 10
10. Question
Under how many models can JLGs be financed?
Correct
JLGs can be financed under two models: Model A, financing individuals in the JLG, and Model B, financing the JLG as a group.
Incorrect
JLGs can be financed under two models: Model A, financing individuals in the JLG, and Model B, financing the JLG as a group.
Unattempted
JLGs can be financed under two models: Model A, financing individuals in the JLG, and Model B, financing the JLG as a group.