Single Answer MCQ
Q-00045482
What type of loans fall under the category of informal sector credit?
1
Loans from commercial banks
2
Loans from cooperatives
3
Loans from moneylenders
4
Loans from government schemes
Answer and Solution
Answer
C. Loans from moneylenders
Solution:
Loans from moneylenders are categorized under informal sector credit, as they are not regulated by any organization, unlike banks or cooperatives.
Watch Video Solution