MC18 What is the impact of a lack of access to credit on the Indian economy?
A. Reduced entrepreneurship
B. Reduced investment
C. Reduced economic growth
D. All of the above
Answer:D
MC18 What is the impact of a lack of access to credit on the Indian economy?
A. Reduced entrepreneurship B. Reduced investment C. Reduced economic growth D. All of the above
Explanation: A lack of access to credit can have a range of impacts on the Indian economy. When entrepreneurs and businesses are unable to access credit, they may be unable to start or expand their businesses, which can reduce entrepreneurship and investment. Additionally, a lack of credit can reduce economic growth, as businesses may be unable to make investments that would allow them to grow and hire more workers.