Question

31. Recently, SHGs have emerged to fill the gap in the formal Credit System. Such credit provisions are generally referred to as ---- (a) macro credit programs (b) micro credit programs (C)both a and b (d) none of these ​

Answer 1

Answer:

I think the answer is option (b).

Hope it helps you.

Answer 2

Answer:

Such credit provisions are generally referred to as micro-credit programmes. ... Micro-credit thus fills gap in the formal credit system.

Explanation:

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