Question : Self-help organizations give rural households credit. A: At a reasonable interest rate B: Without collateral
Option 1: Only A correct
Option 2: Only B correct
Option 3: Both are correct
Option 4: Both are false
Correct Answer: Both are correct
Solution : SHG is a group of people who support one another through mutual aid. 1: In an SHG (Self Help Group), group members make crucial decisions on loans and savings. 2: Self-Help Groups grant loans (credit) with affordable interest rates. 3: They band together to address their financial problems, generate money, and achieve financial independence. 4:Aid women to discuss pertinent subjects, such as health. Hence option c is the correct answer.
Question : Self-help groups offer credit to rural households ________. 1: Without collateral 2: At a moderate rate of interest
Question : Which of the following statements regarding self-help organizations is untrue? A: They were introduced in 1982 B: They are a small group of rural residents. C: They assist rural low-income people in gaining access to credit system advantages.
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 type of cost is involved under migration? A: Transporation cost B: Higher living cost
Question : lingering challenges contain: A: Rural credit B: Rural Marketing C: Unemployment
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile