Question

13. Choose the most appropriate answer.
(1) In a SHG most of the decisions regarding savings and loan activities are taken by
(a) Bank
(b) Members.
(C) Non-government organisation
(ii) Formal sources of credit does not include
(a) Banks.
(b) Cooperatives
(c) Employers.​

Answer 1

Answer:

1. c non government organization

2. c employers

Explanation:

1. as the SHG is a village-based financial assistance group composed of finite number of men or women who pool in money on a period basis and provide financial help to their fellow member(s) in the form of a loan, whenever necessary.

2. Formal sources of credit do not include employers as there is no role of these employers all these works are related to banks and the cooperatives.Employers are there merely to serve the bank staff and do the work as it is asked to do by their owner.

Answer 2

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1.b

2.c

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Hope it helps