Question

What is the need of credit in rural areas

Answer 1

I THINK Literacy..
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Answer 2

HEY MATE ✌️
HERE IS UR ANS:-
Because many farmers being poor, borrow money from informal sectors like landlords,.moneylenders etc. credit means borrowing of money for sometime with a promise to return it in future. Also they use the credit in buying good quality fertilizers and pesticides.

HOPE IT HELPS,✌️