Name two formal and two informal sources of credit in India.

Asked by Last Modified  

Follow 2
Answer

Please enter your answer

Maths Tutor

Formal sources of rural credit in India are: i) Cooperative societies. ii) Commercial banks. Informal sources of rural credit in India are: i) Relatives and friends. ii) Local moneylenders.
Comments

Primary Teacher

formal: bank ,co operativesinformal;moneylender,relativesadvantages:-low interests-less chances of being a fraud
Comments

Related Questions

What"s the tution fees for xI and xII Economics and for graduation Economics in Delhi

for XI-XII rs 300 and for graduation rs 500 per hour
Minakshi Verma
0 0
6
How shall I prepare for IIT without joining any coaching institute? I am in class 11.
focus on basic concepts of subjects, prepare timetable for study and follow this. does not spent too much time on study but start learning on calm mind, do some physical activity also.
Priya
0 0
7
What was your daily routine during your IIT coaching especially class 11 and 12?
do some physical activity also to relax your mind and focus the basic concepts of subject.
Benjamin
0 0
5

 How does demand influence investment decisions in an economy?

Higher demand encourages businesses to invest more in production to meet customer needs. If demand is low or uncertain, firms reduce or delay investment. So, strong demand boosts confidence and drives investment in the economy.
Renu
Is it important to join coaching in class 11?
• If you are an average student (getting 55-75% marks) or below average you need help from tuition !! • if you have chosen different streams other than SCIENCE like Arts , Commerce and you...
Gulfam
0 0
9

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons


Macroeconomics: GDP and other indicators.
Need for the indicators in Macro analysis? Like the accounts of a business, national income accounts have two sides: a product side and an income side. The product side measures production and sales....
I

Ishwar Jangid

0 0
0



Recommended Articles

With the mushrooming of international and private schools, it may seem that the education system of India is healthy. In reality, only 29% of children are sent to the private schools, while the remaining head for government or state funded education. So, to check the reality of Indian education system it is better to look...

Read full article >

E-learning is not just about delivering lessons online. It has a much broader scope that goes beyond manual paper or PowerPoint Presentations. To understand the reach of E-learning and how the whole process works in developing the Educational system, we will discuss a few points here. Let us find out how this new learning...

Read full article >

Learning for every child starts from a very young age. While the formal methods include school curriculums and private lessons, the informal methods include dancing, music, drawing, and various fun-filling activities. Playing games and practising these types of activities helps the children get out of boredom and...

Read full article >

Once over with the tenth board exams, a heavy percentage of students remain confused between the three academic streams they have to choose from - science, arts or commerce. Some are confident enough to take a call on this much in advance. But there is no worry if as a student you take time to make choice between - science,...

Read full article >

Looking for Class 11 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you