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Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is the difference between formal and informal credit?
💡 Hint: Think about where each type of credit comes from.
Question 2
Easy
Name one advantage of Self-Help Groups.
💡 Hint: Consider what SHGs enable individuals to do together.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What type of credit requires collateral?
- Formal Credit
- Informal Credit
- Both
💡 Hint: Recall the requirements for obtaining loans.
Question 2
True or False: Informal loans often have lower interest rates than formal loans.
- True
- False
💡 Hint: Think about why borrowers might prefer different loan types.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Ritu is a small farmer who faces difficulty accessing formal loans due to lack of collateral. Analyze her situation and propose how an SHG could benefit her.
💡 Hint: Consider the collective power of SHGs.
Question 2
Evaluate the socio-economic impact of relying solely on informal lenders in a community. What long-term consequences could emerge?
💡 Hint: Think about the broader community effects beyond individual impacts.
Challenge and get performance evaluation