Question

write any three function of formal source of loan . ​

Answer 1

Explanation:

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Answer 2

Answer:

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Write any three function of formal source of loan.

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• Reserve Bank Of India (RBI) supervises the functioning of formal sources of loans in India.
• RBI monitors the functioning of formal sources of credit.
• RBI insure that they give loans not only to profit making businesses but also to poor people and small traders.