Question

_____ credit is crucial for the development of a country.

• A. Higher cost of
• B. Less
• C. Cheap
• D. Industrial

Answer 1

Answer: (C)

Cheap

Credit means agreement between borrower and lender by which borrower lends money, goods and services in return for the promise of future payment.
Economic growth is crucial for the economic development of the country.
Cheap and affordable credit (cheap interest rates) is crucial for economic growth of any country.