Social Sciences, asked by falakkhanna, 7 months ago

which source formal and informal better ?why ?

Answers

Answered by mohinijadhav1113

Answer:Formal sources usually charges lower rates of interest whereas in informal sources they charge much higher rates of interest. The main motive of formal sources is social welfare whereas the main motive of informal sources is profit-making.

Marke brainlist and followed mw

Previous Question

Next Question

Similar questions

Biology, 3 months ago

define simple lipids??

Science, 3 months ago

oyeee shanuu ka gela yarrrr sang na...

Computer Science, 3 months ago

what is the Hardwear of computer...

History, 7 months ago

with reference to the harappan arts and crafts discuss the art and making pottery .

Geography, 7 months ago

What is a natural levee?

Computer Science, 10 months ago

Suppose you are using tcp over a 10gbps link with a rtt of 100ms to transfer a 20mb file. Assume tcp uses 1kb packets and that there is no other cross traffic. How many rtts does it take to send the file...

Economy, 10 months ago

Suppose we have a bond issue currently outstanding that has 25 years left to maturity. The coupon rate is 9%, and coupons are paid semiannually. The bond is currently selling for $908.72 per $1,000 bond. What is the cost of debt?

Math, 10 months ago

4 by 5 into 12 by 7 with steps ...

which source formal and informal better ?why ?​

Answers

which source formal and informal better ?why ?