English, asked by pramilasalunke12, 1 month ago

credit plays important role in the development activities elucidate
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Answers

Answered by rajjanu18121982
2

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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