Social Sciences, asked by ajaytiwari6505, 1 year ago

What type of rural credit is there apart from formal and informal

Answers

Answered by komalsinghrajput

"Landlords,moneylanders,traders,relatives,f friends and other source of credit constitute the informal sector of credit.The formal sector provides only marginally more credit than the informal sector currently.T he credit activities of the formal sector are supervised by the reserve bank of India."

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