Why banks are willing to lend to the Self Help Groups (SHG)

| M: +2.00/-0.67

Why banks are willing to lend to the Self Help Groups (SHG) than the poor individual

1.Less probability for default

2.Most of the times loan amount is utilized for investment purposes.

3.Improve their status as a whole

Select the correct answer using the code given below

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[NCERT TEST - 2,Economics]

1, 2 and 3 only

केवल 1, 2 और 3

1 and 2 only

केवल 1 और 2

2 and 3 only

2 और 3 ही

1 only

1 ही