What is the chief source of credit in an economy?

Banking system

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Public system

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Individual income

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Business investment

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Solution

The correct option is A
Banking system

The banking system is the chief source of credit in an economy. Banks act as a bridge between the users of capital and those who save but cannot use the funds themselves

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What is the chief source of credit in an economy?

The correct option is A Banking system The banking system is the chief source of credit in an economy. Banks act as a bridge between the users of capital and those who save but cannot use the funds themselves

The correct option is A
Banking system

The banking system is the chief source of credit in an economy. Banks act as a bridge between the users of capital and those who save but cannot use the funds themselves