Why is cheap affordable credit imporatant for the country's development? explain any three reasons in hindi?
Answers
Answered by
1
1) The credit helps people to meet the ongoing expenses of production and thereby develops their businesses in agricultural and industrial areas.
(2) For middle-class people, loans help a lot in
constructing their houses and get rid of monthly rents.
3) It raises the standard of living and social status of the common man by enabling them to buy automobiles, electronic items, etc.
(2) For middle-class people, loans help a lot in
constructing their houses and get rid of monthly rents.
3) It raises the standard of living and social status of the common man by enabling them to buy automobiles, electronic items, etc.
Similar questions