Business Studies, asked by gaganameera275, 9 months ago

Explain features of formal and informal sector loans

Answers

Answered by Anonymous
1

Formal sector loan required collateral where as informal sector loans does not require collateral. Formal sector loans has a low rate of interest where as informal sector loans has a very high rate of interest.

Answered by Anonymous
0

Answer:

This is the normal and informal sector count of the demand

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