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"Self-help… (Class 10 Social Science SQP 2023-24, Q33B)

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Social ScienceCBSE Class 10 · Sample paper, session 2023-24 · 5 marks · Long answer

CBSE Class 10 Social Science sample paper 2023-24: question 33(B)

From the official CBSE sample question paper for 2023-24, section D, question 33(B), for 5 marks. Try it first; the hints and our step-by-step solution are below.

Q33(B) · 5 marks · Long answerMoney and Credit

"Self-help groups eliminates poverty and empowers women". Substantiate with suitable answer.

Source: official sample paper from cbseacademic.nic.in (PDF). See it in the full Sample paper 2023-24.

Hints

Open one hint at a time and try again before the next.

Hint 1

Think about how a group of women pooling savings can lend to its own members.

Hint 2

Recall why banks and moneylenders are harder for the poor to use than SHGs.

Hint 3

Cover economic, skill and social benefits for women.

Step-by-step solution

Each step shows the marks it earns, as an examiner would award them. Checked by an independent re-solve from the question paper.

  1. Self-Help Groups (SHGs) are small groups of 15-20 rural poor, mostly women, who pool their savings regularly. This helps them become self-reliant in savings and income generation.

    1 mark

  2. Members get loans from the group's pooled savings and from banks at low interest. No collateral is demanded, so the poor can access credit easily and avoid moneylenders.

    1 mark

  3. The loans help women start small businesses and self-employment, which raises their income and standard of living. This is economic empowerment and helps reduce poverty.

    1 mark

  4. SHGs provide training and skill development, so women can run their ventures successfully.

    1 mark

  5. Social empowerment: women meet, share problems and take collective decisions, which builds confidence and makes them active in their communities. SHGs also help improve literacy, health care and family planning.

    1 mark

Answer: SHGs give the poor, especially women, easy low-interest credit without collateral, savings habits, skills and a platform for collective action, so they raise incomes, reduce poverty and empower women.

Where the marks are

  • Self-reliance through savings and income generation (1 mark)
  • Low-interest loans without collateral (1 mark)
  • Self-employment and economic empowerment of women (1 mark)
  • Skill development and training (1 mark)
  • Social empowerment, such as literacy, health and community participation (1 mark)

Revise the chapter

Practise this chapterBoard-style questions from Money and Credit, one at a time, marked against the answer key and marking points.Back to the full paperSample paper 2023-24: every question, by section.

The question is transcribed from the official paper; figures are described in words. The solution, hints and chapter tag are ours. Spotted an error? Write tosupport@questionbuddy.in.