Question

’Credit has its own unique role for development'. Justify the statement with arguments

Answer 1

”Credit has its own unique role for development”(a) Credit helps to increase earning and therefore a person is better off than before.

(b) Credit helps to earn money as well as the capital for the future.

(c) Credit helps in the development of infrastructure of the society that leads to the overall development.

Answer 2

a) It helps in increasing earnings and therefore person is better off than before.
b) It helps to earn money as well as capital for future.
c) It helps in development vof infrastructure of society that leads to overall development