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Unit 4 Ch 3 : Money and Credit — Social Studies STD 10 — Question

CBSE BoardEnglish MediumSTD 10Social StudiesUnit 4 Ch 3 : Money and Credit1 Mark
MCQ
The $\text{SHGs}$ help borrowers overcome the problem of :
  • A
    Lack of funds.
  • B
    Lack of money.
  • ✓
    Lack of collateral.
  • D
    None of the above.
✓

Answer

Correct option: C.
Lack of collateral.
The $\text{SHGs}$ help borrowers overcome the problem of lack of collateral.

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