Social Sciences, asked by ImSujal, 1 year ago

"Any case

of non-repayment of loan by any one member is followed up seriously by other

members in the group. " What it means Please explain

Answers

Answered by nimbarkvimal1234
1
1.)the working of banks is followed by a particular mechanism.
2.)it rovides loans with which are been deposited by the depositors. aslo it pays the interest to the depositors with the money which the loan taking people pay as the rate of interest.
3. therefore, non-repayment of loan leads to sinking of bank because then it will not be able to pay the rate of interest to the depositors.







Yashi2002: This is not the correct thing though
Yashi2002: This line is from SHG segment
nimbarkvimal1234: is it?
ImSujal: yep she is saying correct
ImSujal: it is the working of bank
ImSujal: how they mange bw lenders and borrowers
nimbarkvimal1234: ok sory guys for wrong answer...
Answered by Yashi2002
13
This means that if any group member in as SHG didn't pay back the loan in the name of the group then the whole group has to suffer. This is only if the group has its account in bank.

nimbarkvimal1234: whole courseover
ImSujal: on economics then civics and geopgraphy is left and only tomorrow is left
nimbarkvimal1234: i m left with geo and his
ImSujal: history is just a large mess
nimbarkvimal1234: i ll finish in 1 day
nimbarkvimal1234: if u hve studied earlier than nthing is mess
ImSujal: yep i
ImSujal: but revise it o my goodness
nimbarkvimal1234: hmm ok all the bst
ImSujal: well same to u
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