Question

why should credit at responsible rates be available for all​

Answer 1

Answer:

credit should be provided at cheap rate to all because if credit is provided at cheap rate then everybody will take loan for there use . then our economic condition will develop because of increasment in the GDP .

Answer 2

ᴀɴsᴡᴇʀs-

ᴛʜᴇ ᴄʀᴇᴅɪᴛ ᴀᴛ ᴀғғᴏʀᴅᴀʙʟᴇ ᴏʀ ʀᴇᴀsᴏɴᴀʙʟᴇ ʀᴀᴛᴇs ɪs ᴀᴠᴀɪʟᴀʙʟᴇ ғᴏʀ ᴀʟʟ ʙᴇᴄᴀᴜsᴇ ɪᴛ ʜᴇʟᴘs ᴘᴇᴏᴘʟᴇ ᴛᴏ ᴘᴀʏ ᴛʜᴇɪʀ ᴄʀᴇᴅɪᴛ ᴡɪᴛʜᴏᴜᴛ ғᴀᴄɪɴɢ ᴀɴʏ ᴄʜᴀʟʟᴇɴɢᴇs ᴏʀ ᴏᴛʜᴇʀ ᴅɪғғɪᴄᴜʟᴛɪᴇs.

ᴀɴᴏᴛʜᴇʀ ɪᴍᴘᴏʀᴛᴀɴᴛ ᴛʜɪɴɢ ᴀʙᴏᴜᴛ ᴛʜɪs ғᴀᴄɪʟɪᴛʏ ɪs ᴛʜᴀᴛ ɪᴛ ʙʀɪɴɢs ᴇᴠᴇʀʏᴏɴᴇ ᴀɴ ᴇxᴄᴇʟʟᴇɴᴛ ᴏᴘᴘᴏʀᴛᴜɴɪᴛʏ ᴛᴏ ᴘᴀʏ ᴛʜᴇ ᴄʀᴇᴅɪᴛ ᴡɪᴛʜ ʀᴇᴀsᴏɴᴀʙʟᴇ ɪɴᴛᴇʀᴇsᴛ ʀᴀᴛᴇs.

ɪᴛ ɪs ᴛʜᴇ ᴍᴀɪɴ ʀᴇᴀsᴏɴ ғᴏʀ ᴜsɪɴɢ ᴀғғᴏʀᴅᴀʙʟᴇ ᴄʀᴇᴅɪᴛs.

by- @muskanyadav21