Question

What is credit ? Why is cheap and affordable credit important for country's development? Explain any three reasons.

Answer 1

credit definition. ..

Answer 2

It is a type of loan which is borrowed by someone with the exchange of some interest

cheap and affordable credit important for country's development by the following reason

1 It is affordable for poor people.

2 It gives some opportunity for getting new works which help in development of country

3 It gives a way to start the carrier with low interest by which any one can get some money for his daily us