alleryBanks lend to poor women in SHGs even though they have no:
ACollection
BCorrelation
CConsignment
DCollateral
Answer & Solution
Correct answer: D. Collateral
1. Group members follow up any non-repayment seriously.
2. That gives the bank its assurance instead.
3. The women have no collateral as such.
_Source: syllabus Social Science, 'Understanding Economic Development', Ch 3 'Money and Credit'_
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