Loading...
Loading...
Consider the following statements: 1. Formal credit sources are regulated by government sources. 2. Expansion of Institutional credit reduces dependence on money lenders. 3. Informal lenders generally charge lower rate of interest due to competition among themselves. How many of the statements given above are correct?
This question appeared in the HPSC Prelims 2025 examination (GS-II). It is Question 25 out of 200 questions in this paper.
This question was part of the HPSC Prelims 2025 (GS-II). The HPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all HPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.