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Types of Borrowing

Micro-finance...

Question

Micro-finance is a credit scheme extended to poor through Self Help Groups (SHGs).

A

True

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B

False

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Solution

The correct option is A
True

True. Micro-finance is a credit scheme extended to poor through Self Help Groups (SHGs).

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Micro Finance is a credit scheme extended to poor through Self Help Groups (SHGs).

Q. Micro credit or micro-finance is a novel approach to banking with the poor. In this approach, bank credit is extended to the poor through _________.

Q. Micro-credit or micro-finance is a novel approach to banking with the poor. In this approach bank credit is extended to the poor through ______________.

Q. Which scheme aims to empower women through the formation of self-help groups (SHG)?

Q. Which scheme helps weavers through self-finance groups and non-governmental organisations?

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