Social Sciences, asked by bk684922, 7 months ago

People prefer to take loans
from SHGs because *

Not rate interest is charged

Rate of interest is less than what the informal sources charges

Rate of interest is less than what are the formal sources charges

Most of the member are women

Answers

Answered by souravisarkar3
3

Answer:

Rate of interest is less than what are the formal sources charges

Answered by zabardastspotgaming0
0

Answer:

B rate of interest is less than what the informal sources charges

Explanation:

because one of the reason why people took loans from SHG is that they get loan at cheap rates than money lenders provide.

and money lenders is informal source of income.

therefore the answer is B

Similar questions