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  5. Money and Credit

10th Class Social Science Money and Credit Question Bank HOTS Question - Money and Credit

  • question_answer
    After a year or two, if a SHG is regular in savings, it becomes eligible for availing loan from the bank. In whose name loan is sanctioned and for what purpose it is meant for?

    Answer:

    Loan is sanctioned in the name of the group and is meant to create self-employment opportunities for the members.


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