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प्रश्न
Majority of the credit needs of the _________ households are met from informal sources.
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उत्तर
Majority of the credit needs of the poor households are met from informal sources.
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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.
How do banks mediate between those who have surplus money and those who need money?
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.
“Credit can play a negative role.” Justify the statement with arguments.
Answer the following question.
Describe the importance of formal sources of credit in economic development.
Explain the importance of formal sector loans in India.
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.
