Question

analyse the role of credit for development

Answer 1

It can help us in following ways
buying a new car
buying a new phone
buying a new home
for agriculture
buying a land
buying pesticide

Answer 2

Heyy mate.........................

Explanation:

Development is sustained by a proper credit policy. By giving loans to agriculture, industry and trade, banks provide them with the necessary funds for carrying on their business without problems relating to finance.

This results in increased production and services, more employment and profits.