Read the below statements and select the correct option with respect to self-help groups.
(i) A self-help group is a registered group of micro-entrepreneurs.
(ii) The micro-entrepreneurs of self-help groups have similar social and economic backgrounds.
1
Both (i) and (ii) are true
2
Both (i) and (ii) are false
3
Only (ii) is true
4
More than one of the above
5
None of the above