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Unit 4 Ch 3 : Money and Credit — Social Studies STD 10 — Question

CBSE BoardEnglish MediumSTD 10Social StudiesUnit 4 Ch 3 : Money and Credit3 Marks
Question
Mention the sources of informal credit.
✓

Answer

Informal sources of credit include credit from traders, relative, friends and moneylenders etc. There is no such organizations to supervise the lending activities of such sources.

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