Social Sciences, asked by bhattshubham393, 9 months ago

state any two informal sources of credit for people of rural India

Answers

Answered by varsha252829

2

Answer:

two informal sources of credit for people of rural India are

moneylenders

relatives

Answered by rohansingh5600

2

formal:

bank ,co operatives

informal;

moneylender,relatives

advantages:

-low interests

-less chances of being a fraud

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