Analyse the role of credit for development.
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Explanation: (i) It helps in increasing economic activities of the country; thus, helps in its development. (ii) If credit is made available to the poor people at reasonable rates, they can improve their economic condition. ... (iii) Credit helped in the development of secondary sector or manufacturing sector.
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1) it help in increase economic activity of the country those help in the development 2) if credit is made available to the poor people reasonable rates they can improve their economic condition 3) the credit help in the development of secondary sector or manufacturing sector
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