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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


Team Careers360 14th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

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.

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