Question

Credit plays a very important role in development explain

Answer 1

Role of credit i development:

• Ir creates better facilities fir agriculture and industrial activities.
• Moreover, it helps people from all ways of life
in setting up byssiness, increase their earning and support their family.

Answer 2

Answer:

HERE IS YOUR ANSWER DEAR...

Explanation:

1. Credit meets the working capital for production.

2. Credit helps the producers to meet the ongoing expenses of production.

3.Farmers and industrialists need credit to expand their business and to purchase new tools and equipments.

4. With the help of credit a person can purchase a house, bike, car and other house hold implements.