Multiple choice

Which of the following is a part of micro credit?

  1. Term loan to a large scale industry

  2. Vehicle loan to urbanites

  3. Loans for real estates

  4. Loans to weaker sections of society
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Micro credit is the extension of very small loans to those in poverty, designed to support entrepreneurship and alleviate poverty among weaker sections of society.

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