Economics · Banking and Credit Markets
Which of these may NOT be attributed to the core primary functions of micro-finance?
- 1Financial services could enable the poor to earn high rates of interest on deposits.✓
- 2Financial services could enable the poor to accelerate the process of building i ncomes.
- 3Financial services could enable the poor to accelerate the process of building assets and economic security.
- 4Financial services could enable the poor to leverage their entrepreneurial initiatives.
Correct answer
Financial services could enable the poor to earn high rates of interest on deposits.
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