Question

32. Read the following statements carefully and choose the correct alternative :
Statement-I : Self Help Groups (SHGs) have emerged to fill the gap in
formal credit system.
Statement-II : Formal credit system in India, is not only inadequate but
also not fully integrated with rural social community development.
(a) Both the statements are true.
(b) Both the statements are false.
(c) Statement-I is true and Statement-II is false.
(d) Statement-II is true and Statement-I is false.

Answer 1

Answer:

statements carefully and choose the correct alternative :

Statement-I : Self Help Groups (SHGs) have emerged to fill the gap in

formal credit system.

Statement-II : Formal credit system in India, is not only inadequate but

also not fully integrated with rural social community development.

(a) Both the statements are true.