Question:

(a) State any two advantages of the micro-credit system of financing in rural areas of India.

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Focus on micro-credit benefits like financial inclusion and reduced exploitation in rural areas.
Updated On: Jan 13, 2026
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Solution and Explanation

Empowers rural households by providing access to credit for starting small businesses and improving livelihoods. Reduces dependency on informal and exploitative credit sources like moneylenders.
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