Social Sciences, asked by falakkhanna, 10 months ago

which source formal and informal better ?why ?

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Answered by dskavitha1980
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Answer:

Explanation:

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.Aug 15, 2018

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Difference between formal and

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Answered by nayakvinay951
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