Economy, asked by gkhuteta1640, 1 year ago

Project report on consumer awareness among households using primary data

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Answered by Anonymous
1

Formal sources of credit prefer over informal because final sources comprises of government organizations and collateral security, lower interest rates on its loans like co- operative bank & RBI but Informal sources comprises higher Interest on its loans does not provide collateral security & no organisation to supervise this sector ex- friends,relatives,money landers & etc.

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