English, asked by pramilasalunke12, 3 months ago

credit plays important role in the development activities elucidate

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Answered by rajjanu18121982

Answer:

Credit plays a crucial role in a country's development. By sanctioning loans to developing industries and trade, banks provide them with the necessary aid for improvement. This leads to increase in the production, profits and employment.

Explanation:

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credit plays important role in the development activities elucidate​

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credit plays important role in the development activities elucidate