Paavala Vaddi Scheme

Q. Under the Paavala Vaddi scheme, self-help groups charge as interest for every 100 rupees, while moneylenders charge as interest.

1. 10 paisa
2. 3 rupees
3. 25 paisa
4. 5 rupees

Q. Under the Paavala Vaddi scheme, self-help groups charge as interest for every 100 rupees, while moneylenders charge as interest.

1. 10 paisa
2. 3 rupees
3. 25 paisa
4. 5 rupees

Q. What is a Paavala Vaddi?

1. Low interest loan that the government facilitates via self help groups.
2. High interest loans the provided by traders.
3. Subsidised loans by traders.
4. High interest loans provided by government via traders.

Q. Paavala Vaddi is a government scheme for low income earners.

1. True
2. False

Q. Which of the following sentences may be applicable to a self-help group?

1. A community comprised of individuals hailing from similar social backgrounds.
2. A community comprised of individuals hailing from similar political backgrounds.
3. A community comprised of individuals hailing from similar financial backgrounds.
4. Usually aimed at small savings and at conducting small businesses.

Q. Which of the following sentences may be applicable to a self-help group?

1. A community comprised of individuals hailing from similar social backgrounds.
2. A community comprised of individuals hailing from similar political backgrounds.
3. A community comprised of individuals hailing from similar financial backgrounds.
4. Usually aimed at small savings and at conducting small businesses.

Q. Paavala Vaddi is a government scheme for low income earners.

1. True
2. False

Q. Why do small traders prefer borrowing money from self-help groups than borrowing from moneylenders?

1. Self-help groups charge high interest.
2. Moneylenders charge less interest.
3. Self-help groups charge less interest.
4. Moneylenders charge high interest.

Q. Why do small traders prefer borrowing money from self-help groups than borrowing from moneylenders?

1. Self-help groups charge high interest.
2. Moneylenders charge less interest.
3. Self-help groups charge less interest.
4. Moneylenders charge high interest.