MCQ

Which of the following statements are false?

  • A
    There is no organisation which supervises the credit activities of lenders in the informal sector.
  • B
    RBI stops the money lenders from using unfair means to get their money back.
  • C
    Compared to the formal lenders, most of the informal lenders charges much lesser interest on loans.
  • D
    Only (b) and (c).

Answer

  1. Only (b) and (c).

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