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Chit Fund – Is it an Ideal Financial Instrument?
Chit funds are considered as the poor men’s banks in India. Individuals who live in rural and semi-urban areas find chit fund as a means of finding solution to their financial problems to a great extent. Presently, the chit fund business in India is governed by Indian chit fund Act 1982. Chit funds...
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| Format: | Journal Article |
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Commerce Spectrum
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| Online Access: | http://10.26.1.76/ks/005895.pdf |