Social Sciences, asked by parulvats4554, 10 months ago

class 10thanalyse the role of credit for development?

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Answered by sayanakhtar123

Answer:

Development is sustained by a propercredit 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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