Question : Self-help groups offer credit to rural households ________. 1: Without collateral 2: At a moderate rate of interest
Option 1: Option a
Option 2: Option b
Option 3: Both of the above
Option 4: None of the above
Correct Answer: Both of the above
Solution : SHG is a mutual help group of people who provide support among themselves. 1:In an SHG (Self Help Group) important decisions in regard to loans and savings are taken by group members. 2:Self Help Groups issue loans (credit) at a reasonable rate of interest. 3:They come together to solve their economic issues, earn income and become self-reliant. 4:Helped women to discuss relevant issues like health. Hence option c is the correct answer.
Question : Self-help organizations give rural households credit. A: At a reasonable interest rate B: Without collateral
Question : Which source of credit had emerged to fully integrate the formal credit system into the overall rural social and community development? A: Land development banks B: Self-help groups C: Regional rural banks
Question : Which statement is correct: Statement 1: NABARD is the apex bank of rural credit. Statement 2:Self Help group provides a scheme of microfinance.
Question : Managed floating exchange rate is a hybrid of
Question : Which form of formal credit had fully integrated itself into the entire development of rural society and community?
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