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What is the main business of Margadarsi Chit Fund?

Chit funds
Insurance
Banking
Real estate

Answer

Chit funds are the primary business of Margadarsi Chit Fund. Chit funds are a type of rotating savings and credit association where a group of individuals pool their money together and take turns borrowing the entire amount. The borrower pays back the loan in monthly installments, and the interest earned on the loan is distributed among the members.