Social Sciences, asked by pihu4715, 1 year ago

analyse the role of credit of development

Answers

Answered by tanu5289
67
Analyse the role of credit for development. Development is sustained by a proper creditpolicy. 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
Answered by rasikagupta001
16

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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.

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