Social Sciences, asked by Takshika, 1 year ago

Why should credit at reasonable rates be available for all? (Class 10)

Answers

Answered by Sidyandex
365

Credit refers to the loan that a person, company or organization takes from banks or financial concerns in return of a rate of interest.

Credit should be available at reasonable rates because on one hand if the rates are low, people will easily be able to return the loan and secondly they will improve loan borrowing power of people, invariably affecting their business and personal success.

Answered by badatyasujata756
22

please mark me as brainlist answer

Attachments:
Similar questions