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प्रश्न
Explain the following term/concept.
Collateral Free Loan.
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उत्तर
- Collateral free loans are SHGs small loans provided to poor individuals for undertaking Self-employment projects.
- Loans are given on the principle of mutual trust and either minimum or no documentation.
- The rate of interest generally charged are higher than the interest charged by banks.
- It saves the poor individuals from the clutches of local money lenders.
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संबंधित प्रश्न
Select the correct Option and rewrite the sentence.
A Committee to Review the Arrangements For Institutional Credit for Agriculture and Rural Development (CRAFICARD) was constituted under the Chairmanship of _________
Give one word/phrase/term:
The Bangladeshi economist, known as the Father of Micro-finance.
Complete the sentence.
The lifeblood of a business is_______
Complete the sentence.
The Grameen Bank in Bangladesh was set up in ________
Complete the sentence.
The father of Micro finance is _______
Answer in one sentence.
What is meant by Grameen Bank?
Answer in one sentence.
What is SHG?
Explain the following term/concept.
Self Help-Groups.
Answer in brief.
Describe any two features of Self Help Groups.
Attempt the following.
Explain in detail the democratic setup in SHGs.
Answer the following:
Write important features of SHGs.
Why is finance considered essential in business?
What does ‘trade credit’ refer to?
Why does selecting the right source of finance matter for a business?
