Economics · Rural Development
Which of the following microfinance setups helps to integrate formal credit systems into rural societies to promote the habit of thrift and savings among the poor?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Chit Funds
- 2Commercial Bank Branches
- 3Self-Help Groups (SHGs)✓
- 4Land Development Banks
Correct answer
Self-Help Groups (SHGs)
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