Explain why the supervision of the functioning of formal sources of loans is necessary?
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1) The RBI checks the formal sources or the credit being lent to the borrower.
2)Whether the bank is only providing loans to the huge profit making businesses or also the small scale industries and manufacturers.
2)Whether the bank is only providing loans to the huge profit making businesses or also the small scale industries and manufacturers.
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Answer:
Explanation:
rbi
low roi and other sht
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