Social Sciences, asked by sree712, 11 months ago

what is formal and informal credit

Answers

Answered by Anonymous

5

Landlords, moneylenders, traders, relatives, friends and other sources ofcredit constitute the informal sector ofcredit. The formal sector provides only marginally more credit than theinformal sector currently. The creditactivities of the formal sector are supervised by the Reserve Bank of India.

sree712: thanks friend

Anonymous: welcome

sree712: where is your place your answer is perfect

sree712: by the way nice answer i will use this in tomorrows exam

Answered by darshanjeyakuma

1

Landlords, moneylenders, traders, relatives, friends and other sources ofcredit constitute the informal sector ofcredit. The formal sector provides only marginally more credit than theinformal sector currently. The creditactivities of the formal sector are supervised by the Reserve Bank of India.

Previous Question

Next Question

Similar questions

Social Sciences, 6 months ago

----------is the main plant of the paeiries...

Physics, 6 months ago

what is dry ice?How can it be converted into gas by changing pressure...

Math, 6 months ago

Question 49/68 There are 280 students out of which, 140 like tea, 70 like coffee and 84 like milk. 42 students like tea and coffee, 49 likes coffee and milk, and 63 likes Tea and milk. What could be the minimum number of students who like all the '3' bevrage.

Chemistry, 11 months ago

Why do we need sulfuric acid in reducing nitric acid?

Computer Science, 11 months ago

The ______ Group allows us to change our text font style, size, color and many other elements. Fill in the blanks (a) Font (b) paragraph (c) styles (d) editing...

Science, 1 year ago

identify the compound x on the basis of the reaction given below and also write the name of the chemical formula of ABC...

Biology, 1 year ago

Explain the difference after reading the photo?

French, 1 year ago

Decrivez votre meilleuse Amie...