Economy, asked by abjeyaseelan8681, 1 year ago

Why cheap and affordable cridet is crucial for our country development.

Answers

Answered by siddybrainly
3
Reasons are
(i) The credit helps people to meet the ongoing expenses of production and thereby develops their businesses in agricultural and industrial areas.
(ii) For middle-class people, loans help a lot in
constructing their houses and get rid of monthly rents.
(iii) It raises the standard of living and social status of the common man by enabling them to buy automobiles, electronic items, etc
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