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The concept of Micro Credit essentially concentrates onA. comsumption smoothening as and when neededB. providing safe place to hold sayingsC. accepting depositsD. provision of credit to the poor

Answer» Correct Answer - A
Microcredit is the term used to identify small loans that are made to individuals and entites that would otherwise not be able to obtain any type of credit . The main function of microcredit is to provide finanical services to those poor who do not qualify for standard quality of life.


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