‘Credit has its own unique role for development’. justify the stat

1.	‘Credit has its own unique role for development’. justify the statements with argument.
Answer» Credit has its own unique role for development because of following reasons (a) Credit helps to increase earning and therefore a person is better off than before. (b) Credit helps to earn money as well as the capital for the future. (c) Credit helps in the development of infrastructure of the society that leads to the overall development.

‘Credit has its own unique role for development’. justify the statements with argument.

Answer»

Credit has its own unique role for development because of following reasons

(a) Credit helps to increase earning and therefore a person is better off than before.

(b) Credit helps to earn money as well as the capital for the future.

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‘Credit has its own unique role for development’. justify the statements with argument.

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