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In a SHG, most of the decisions regarding savings and loan activities are taken by ______. - Social Science

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Question

In a SHG, most of the decisions regarding savings and loan activities are taken by ______.

Options

  • Bank.

  • Members.

  • Non-government organisation.

MCQ
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Solution

In a SHG, most of the decisions regarding savings and loan activities are taken by members.

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Informal Institutions - Local Money Lenders, Landlords, Self Help Groups, Chit Funds and Private Finance Companies
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Chapter 3: Money and Credit - Exercises [Page 53]

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NCERT Social Science Understanding Economic Development [English] Class 10
Chapter 3 Money and Credit
Exercises | Q 13.1 | Page 53
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