Micro finance is the provision of financial services to people of low-income groups. 1. Credit facilities 2. Savings facilities

Question

Micro finance is the provision of financial services to people of low-income groups. This includes both the consumers and the self-employed. The service/services rendered under micro-finance is/are: 

1. Credit facilities 

2. Savings facilities 

3. Insurance facilities 

4. Fund Transfer facilities 

Select the correct answer using the codes given below the lists:

(a) 1 only 

(b) 1 and 4 only 

(c) 2 and 3 only

(d) 1, 2, 3 and 4 

Answer 1

(d) 1, 2, 3 and 4