Advertisements
Advertisements
Question
Loans from moneylenders, traders, employers, relatives and friends are called ______.
Options
Mixed loans
Term loans
Formal loans
Informal loans
MCQ
Fill in the Blanks
Solution
Loans from moneylenders, traders, employers, relatives and friends are called Informal loans.
shaalaa.com
Formal Sector Credit in India
Is there an error in this question or solution?