Question

Why is it necessary for the banks and cooperative societies to increase their lending facilities in rural areas? Explain.(Delhi - 2015)

Answer 1

Explanation:

➨ 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

Answer 2

Explanation:

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.