Question

answer please !!!!!

Assertion : Credit would be useful or not depends on the risk involved in a situation.
Reason: The chance of benefitting from credit is highest in agriculture sector.​

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Answer 1

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Assertion is true and reason is false.

Explanation:

What is credit?

Credit is also called loan. It refers to an agreement in which the lender supplies the borrower with Money, goods and services in return for the promise of future payment.

• Credit in one situation can help to increase income and profit but in another situation it pushes the person into a debt trap.

• The chance of benefit from Credit only depends on situations.

• But it is not necessary that credit produces highest benefits in agriculture sector.