The association that encourages savings for the benefit of its members is known as
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Correct Answer: Option B
Explanation:
A credit and thrift co-operative society encourages members to save regularly and may provide loans to members from the funds contributed. It therefore promotes savings and access to credit among its members.
A credit and thrift co-operative society encourages members to save regularly and may provide loans to members from the funds contributed. It therefore promotes savings and access to credit among its members.