Economics · Sectors of the Indian Economy
Which of the following is an example of a formal sector loan?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Borrowing from friends and relatives
- 2Borrowing from co-operative banks✓
- 3Borrowing from money lenders
- 4Borrowing from parents
Correct answer
Borrowing from co-operative banks
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