Which of the following is not a feature of self help group.
(A) it consists of 15-20 members or more.
(B) here members pool their savings which act as collateral.
(C) loans are given at nominal rate of interest.
(D) It is an informal source of credit.
Answers
Answered by
2
Answer:
(c)
Explanation:
Loans are not given at nominal rate as shg help others not make profit so they provide loans at floating rates not at nominal rates
Answered by
0
Answer:
d) is the correct option
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