Economy, asked by daveshmeena, 6 months ago

analyse the role of credit for development​

Answers

Answered by Kumartanswers
9

credit development is very necessary for the economic and the growth of GDP in of India it is very important of the credit credit is very very very important for the Indian economic and the world wide in the first system version of water system where there is a double coincidence but in the credits we don't have double coincidence so that the credit is better.

Explanation:

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Answered by Anonymous
87

Answer:

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Credit plays a crucial role in a country's development. By sanctioning loans to developing industries and trade, banks provide them with the necessary aid for improvement. This leads to increased production, employment and profits.

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