Question 1 - MCQ Questions (1 Mark) - Chapter 3 Class 10 Economics - Money and Credit - Economics

Last updated at Dec. 13, 2024 by

In a SHG most of the decisions regarding savings and loan activities are taken by

(a) Bank.

(b) Members.

(c) Non-government organisation.

 

Answer :

So, the correct answer is (B) - Members.

Explanation

  • In a SHG, members meet regularly and pool (collect) their money . Thus, all the decisions regarding savings and loan activities are taken by members .
Go Ad-free
Davneet Singh's photo - Co-founder, Teachoo

Made by

Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science and Computer Science at Teachoo