What is TRUE of group lending clause?
A) Dealing with groups instead of individuals reduces transaction costs for the bank
B) Group arrangements teach the bank a great deal about who is safe and who is risky
C) Group lending reduces inequality between borrowers: all benefit from the same interest rate
D) Group loans are always cheaper than individual loans
Correct Answer:
Verified
Q2: Which of the following takes the decisions
Q3: The informal sector loans incorporate _ .
A)State
Q4: A small loan amount given to low-income
Q5: What is NOT an innovation likely to
Q6: What is NOT a potential limit of
Q8: What is NOT a source of difficulty
Q9: What does the microfinance model Not predict:
A)A
Q10: What is not a mechanism that contributes
Q11: In the self-help group, the loan and
Q12: Micro credit or micro finance is a
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