Answer:
Informal sources of credit are moneylenders, traders, employers, relatives, friends etc. (b) There is no government or private organisation that manages or check the credit activities performed by informal sources.
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Answers & Comments
Answer:
landlords , moneylender, traders ,relative , friend and other source of credit constitute the informal sector of credit.
Answer:
Informal sources of credit are moneylenders, traders, employers, relatives, friends etc. (b) There is no government or private organisation that manages or check the credit activities performed by informal sources.
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