Economy, asked by dollyawasthi72pb2lss, 1 year ago

name the two different sources of credit

Answers

Answered by amaira200
13
hope this helps you
Attachments:
Answered by MrPhenomenal
37
Credit is an agreement in which lender supplies the borrowers with money, goods and services in return for the promise of future payment.
There are a two main sources of credit in India.
(i) Formal sources - e.g. Banks, Cooperatives
(ii) Informal sources - e.g. Money lenders, traders.

hope this'll hlp uh
Similar questions