What is a Paavala Vaddi?

Low interest loan that the government facilitates via self help groups.

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

High interest loans the provided by traders.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Subsidised loans by traders.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

High interest loans provided by government via traders.

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A Low interest loan that the government facilitates via self help groups.
Paavalla vaddi is a low interest loan that the government facilitates via self help groups. These self help groups are linked with the bank.

Suggest Corrections

Similar questions

What is the reason for providing loans to the government at lower interest rates?

Join BYJU'S Learning Program