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प्रश्न
Which one of the following is a formal source of credit?
विकल्प
Traders
Cooperative societies
Money-lenders
Friends and relatives
उत्तर
Cooperative societies
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संबंधित प्रश्न
Explain with an example, how credit plays a vital and positive role for development.
Why is it necessary for the banks and cooperative societies to increase their lending facilities in rural areas? Explain.
Majority of the credit needs of the _________ households are met from informal sources.
__________costs of borrowing increase the debt-burden.
How can the problem of unemployment be eradicated in India? Explain any three ways.
“Credit can play a positive role.” Justify the statement with arguments.
Answer the following question.
Describe the bad effects of informal sources of credit on borrowers.
Explain any three reasons for the banks and cooperative societies to increase their lending facilities in rural areas.
Answer the following question.
Give any two examples of the informal sector of credit.
Answer the following question.
Why is cheap and affordable credit important for the country's development? Explain any three reasons.
