Analyse the role of credit for development.
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Answered by
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Development is sustained by a proper Credit Policy by giving loans to agriculture, industry and trade banks provide them with the necessary fund for carrying on their business without problems relating to finance.
this results in increased population and service more employment and profits.
Answered by
22
Heya....
Answer ______
Role of credit in development ___
• Credit is a type of loan that is advance by banks or other groups to the needed people ....
_____ It's role is important for the development of country as the loan taken by the people help as their investment in their business, education that generates the future income to them....
_____ It gives a special potential to invest in something in a short need and the continuous process of economy...
Thank you
Answer ______
Role of credit in development ___
• Credit is a type of loan that is advance by banks or other groups to the needed people ....
_____ It's role is important for the development of country as the loan taken by the people help as their investment in their business, education that generates the future income to them....
_____ It gives a special potential to invest in something in a short need and the continuous process of economy...
Thank you
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