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Formal source is a Bank loan, Credit Cards. Informal Source - Cash money lent out by Gangsters .

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10y ago

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Why should credits at reasonable rates be available for all?

i). Inform credit tries to exploit the poor farmers and workers by charging a very high rate of interest on loans and imposing unreasonable terms of credit. ii). At present rich households avail the benefits of formal credit and poor have to depend on the informal sources due to some weak point like absence of collateral security etc. iii). Therefore it should be ensured that formal credit should provide credit at reasonable rates to all and especially poor ones to help them fulfill their needs.


What does informal means?

Informal means without formality or ceremony. Casual. Informal means not formal. This means you use casual, contracted, and colloquial terms in your writing/speaking. You can also say dressing up in casual clothes is informal.


What are the three terms used to describe humans?

Homo sapiens (scientific term), people (informal term), individuals (formal term).


What is the Italian translation of the English word 'you'?

Tu and Lei in the singular and vi and Loro in the plural are Italian equivalents of the English word "you".Specifically, the possessive singular personal pronoun tuand the possessive plural vi mean "(informal singular) you" and "(informal plural) you all". The possessive singular personal pronoun Lei and the possessive plural Loro translate as "(formal singular) you" and "(formal plural) you, you all". The pronunciations will be "too" and "vee" in terms of the informal forms and "LEH-ee" and "LO-ro" in terms of the formal.


How do you say in German same to you?

"Gleichfalls" or "ebenfalls" are the terms in common usage.You can also say Ihnen auch (formal) or Dir auch (informal)


Is ellos formal or informal?

"Ellos" is a Spanish pronoun that means "they" and is considered neutral in terms of formality. It can be used in both formal and informal contexts, depending on the situation and the accompanying language. The level of formality typically comes from the overall tone and context of the conversation rather than the pronoun itself.


What are disadvantages of informal tradeing?

Informal trading bypasses the bid process which often results in the best prices and terms. Formal trading paractices are required by most companies as they insure an ethical situation and the best deal.


What is the definition of informal writing?

Examples of informal writing: * Letters to close friends and to relatives are usually informal. * Anything you write for yourself is generally informal, such as a diary, notes, rough drafts. * Some fiction is deliberately written in a fairly informal style. It is probably simplest to think in terms of a continuum extending from the very formal to the familiar.


Disadvantages of informal communication?

Informal trading bypasses the bid process which often results in the best prices and terms. Formal trading paractices are required by most companies as they insure an ethical situation and the best deal.


What is 'Eat' when translated from English to French?

Mange! in the informal singular and Mangez! in the formal singular and formal/informal plural are French equivalents of the English word "Eat!" The choice depends upon whether the audience is on familial, friendly, or peer terms or on inferior (in age, rank, status) or unfamiliar (as strangers) terms with the speaker. The respective pronunciations will be "mawzh" in the singular and "maw-zhey" in the plural in French.


What are the 5 major sources of credit for consumers?

There are 5 major sources of Credit for Consumers.1) Banks2) Brokerage Firms3) Credit Unions4) Insurance Companies5) Finance CompaniesHere is a website that will fully explain each of the 5 sources in simple terms. I hope this helps!http://www.buzzle.com/articles/sources-of-consumer-credit.html


What does informal mean?

Informal means without formality or ceremony. Casual. Informal means not formal. This means you use casual, contracted, and colloquial terms in your writing/speaking. You can also say dressing up in casual clothes is informal.