Question

Give any two examples of informal sector of credit???




Shayari for the special one.....​

Answer 1

Answer:

Two example of informal credit are :

(i) Moneylender

(ii) Friend

Answer 2

Answer:

EXAMPLE OF INFORMAL SECTOR OF CREDIT : money lenders, traders employers, relatives, friends etc.✯  they charge high interest on loans, as a result, the coast to the borrowers of informal loans is also very high.

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