Question

Why should the banks and cooperative societies more loan facilities to the rural households in India ?give 4 reasons

Answer 1

the banks and cooperative socities more lian facilties to the rural houshold in india
its reason are
1. the formal source of credit is low interest rate to the poor household
2. the poor houshold taking loan of banks is easist way because if people not pay the informal credit so the money lender use muscle power
3. the poor household need loan to agriculture practises and irgiagtion system so they take loan to banks
4. the formal source of credit is not discriminated the rich and poor
hope it help!

Answer 2

Explanation:

The banks and cooperative socities more lian facilties to the rural houshold in india

its reason are

1. the formal source of credit is low interest rate to the poor household

2. the poor houshold taking loan of banks is easist way because if people not pay the informal credit so the money lender use muscle power

3. the poor household need loan to agriculture practises and irgiagtion system so they take loan to banks

4. the formal source of credit is not discriminated the rich and poor hope it help!