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Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is meant by formal credit?
π‘ Hint: Think of structured financial institutions.
Question 2
Easy
Name one disadvantage of informal credit.
π‘ Hint: Think of what you must pay back.
Practice 4 more questions and get performance evaluation
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is the main source of loans for small farmers like Shyamal?
π‘ Hint: Think about the immediate community.
Question 2
True or False: Self-Help Groups require collateral for loans.
π‘ Hint: Think about community trust.
Solve and get performance evaluation
Push your limits with challenges.
Question 1
Evaluate the impact of high-interest informal credit on small farmer sustainability in Sonpur.
π‘ Hint: Consider the chain reaction of debt to future earnings.
Question 2
Propose a strategy for improving credit access for small farmers in rural areas.
π‘ Hint: Integrate community participation and documentation.
Challenge and get performance evaluation