Economy, asked by rutujakavita4578, 1 year ago

Analyze the role of credit for development easy answer

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Answered by tanushreepandey
2

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Answered by navadeep7
3
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. It will further improve their standard of living and overall development.
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