Economics · Financial Systems
Which of the following statements is true? Statement I: Micro-finance enables financial self-reliance for individuals, providing them with money and education. Statement II: Macro-finance deals with broader projects that affect entire societies or communities, aiming to improve their economic circumstances.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement (I) is true and Statement (II) is false
- 2Both statement (I) and (II) are true✓
- 3Only statement (II) is true
- 4Only statement (I) is true
Correct answer
Both statement (I) and (II) are true
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