Question

Analyse the role for credit for development. (detail)

Answer 1

Credit analysis is a method by which one calculates the creditworthiness of a business or organization. In other words, it is the evolution of the ability of a company to honor its financial obligations.

I hope this answer is helpful to you.

Answer 2

hey mate here is the answer✨✨✨✨


→it helps in increasing economic activities of the country;thus, helps in it's development.

→people can buy houses

→sanctioning loans to developing industries and trade, banks provide them with the necessary aid for improvement.
This leads to increase in the production, profits and employment.

hope it's helpful........................