Economy, asked by prachi145, 1 year ago

what is chit funds ?

Answers

Answered by Anonymous

In South Asia, a institution which accepts saving at interests and lends money for house and other purchases

Answered by anup66006

Chit funds are rather popular among the artisans, shopkeepers and many such businessmen running small businesses. It's also popular among other individuals as well, who would like to receive a lumpsum for a special occasion like marriage, anniversary etc.

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anup66006: please mark as brainlist

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