Social Sciences, asked by UnknownBoyKaran, 5 months ago

why is it necessary for the banks and cooparative to increase their lending facilities in rural areas.? Explain​

Answers

Answered by AKT12345
1

Answer:

➨ It is necessary for the banks and cooperative society to increase their lending facilities in rural areas because the money lender who lend money are charging a large amount of interest on the loan and it was very difficult for the rural people to pay the interest. All their earning was spent in paying interests.

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