Money and Credit


Why is it necessary to increase a large number of banks mainly in rural areas ? Explain.


Why are service conditions of formal sector loans better than informal sector ? Explain.


"The credit activities of the informal sector should be discouraged." Support the statement with arguments.


Why is cheap and affordable credit important for the country’s development? Explain any three reasons.


Amrita is a government employee and belongs to a rich urban household whereas Rani works as a helper on a construction site and comes from a poor rural household. Both have a crisis at home and wish to take loan. Create a list of arguments explaining who between the two would successfully be able to get the loan from a formal source. Why?


Explain Loan Activities Of Banks In India?