Money and Credit in One shot | Chapter 3 | Class 10 Economics | CBSE
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- čas přidán 24. 10. 2023
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Reserve Bank of India
Hi.
paper
Formal Sources
Informal Sources
Sources of
credit
Banks and cooperatives
Landlords, moneylenders
traders, employers, and
relatives
Regulatory
body
Government and the
Reserve Bank of India
No supervising authority
Rules and
regulations
Follow the rules and
regulations framed by the
regulatory body
Regulated rate of interest that
is lower than the informal
sector
Do not follow any set rules a
evolve their own procedur
Rate of
interest
High and unregulater
rates of interest.