Economy, asked by garima6575, 1 year ago

Ques-Why should credit at reasonable rate be available for all ? please answer me fast

Answers

Answered by annu1401

Explanation:

Credit refers to the loan that a person, company or organization takes from banks or financial concerns in return of a rate of interest.

Credit should be available at reasonable rates because on one hand if the rates are low, people will easily be able to return the loan and secondly they will improve loan borrowing power of people, invariably affecting their business and personal success.

Previous Question

Next Question

Similar questions

Chemistry, 6 months ago

Q.What is your role in your country/society/ area for the people to get safe drinking water?

Math, 6 months ago

12000 is divided into two amounts such that the simple interest on the first amount for 3 years at the rate 4% is equal to the simple interest on the second amount for 4 year at the rate 1%. What are the amounts? 12000 को दो राशियों में विभाजित किया जाता है जैसे कि 3 साल के लिए पहली राशि पर 4% की दर से साधारण ब्याज 1% की दर से 4 साल के लिए दूसरी राशि पर साधारण ब्याज के बराबर है। राशियाँ क्या हैं?

English, 6 months ago

write an article on medicines and theories have only been possible because they were successfully tested on animals.

Biology, 1 year ago

typically plant cell diagram...

Math, 1 year ago