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What is the non-financial sector?

The non-financial sector consists of market producers and independent legal companies, whose main activities are non-financial services and production of goods.You can read about the Loan Guarantee Scheme For COVID Affected Sectors – LGSCAS in the given link.

Further readings:

  1. Micro Finance – Definition, Features & Significance
  2. Topic-Wise GS 3 Questions for UPSC Mains

Related Links

Non Performing Assets (NPA) – Reasons, Classification,Impact, Measures to Control

Line of Credit – An Overview and its Benefits

Financial Inclusion – National Strategy for Financial Inclusion [UPSC GS-III]

Indian Financial System – Components & Overview

Farm Loan Waiver: Overview, Importance, Arguments for and Against

Bad Banks – Idea Proposed by Indian Banking Association (IBA) Due to COVID-19

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