Economics · Money and Credit

Self-Help Groups (SHGs) generally offer loans to their members at a/an ____________.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1exorbitant interest rate
2nominal interest rate✓
3interest rate higher than informal moneylenders
4zero interest rate

Correct answer

nominal interest rate

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Self-Help Groups (SHGs) generally offer loans to their members at a/an ____________.

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Self-Help Groups (SHGs) generally offer loans to their members at a/an ____________.

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