Q1. Correct and rewrite the following statements. a) Banks and money lenders are the source of cheap credit in rural areas. b) The share of formal sector credit is higher for the poor households than richer households. c) The higher rate of interest can lead to higher income for the borrower. d) Landlords supervise the credit activities of lenders in the informal sector.
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The share of formal sector credit is higher for the poor households than richer households
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