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The various types of sources of …

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The various types of sources of loan can be grouped into two categories.Identify these categories.
  • 3 answers

I ❤ My India??{ Diya }? 6 years, 7 months ago

The informal sector may consist of moneylenders, friends, and relatives, traders, landowners, large farmers etc.

I ❤ My India??{ Diya }? 6 years, 7 months ago

The formal sector comprises banks and cooperative societies.

I ❤ My India??{ Diya }? 6 years, 7 months ago

The two categories of sources of loan are formal sector loans and informal sector loans.
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