Which of the following is both direct and indirect credit enterprise?
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Correct Answer: Option A
Explanation:
A co-operative and thrift society provides financial assistance to its members through savings and credit activities. It can provide credit directly through lending and also support members indirectly through its savings and other financial arrangements.
A co-operative and thrift society provides financial assistance to its members through savings and credit activities. It can provide credit directly through lending and also support members indirectly through its savings and other financial arrangements.