Informal sector loans are given by :

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Traders

Relatives

Moneylenders

All of the above

answer is D.

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Detailed Solution

Informal sector loans are given by traders, relatives, and moneylenders.
Informal sector loan providers are those loan providers who provide loans without asking for any creditworthiness or collateral. The poor section of society prefers taking informal loans as they do not have good creditworthiness and collateral to keep as a mortgage against the loan. Collateral is the security or mortgage formal sector loan providers ask for when providing loans. If the person cannot repay the loan and interest, the bank recovers this amount from the collateral. The various sources of informal sector loans are traders, relatives, moneylenders, friends, etc. These loan providers charge higher rates than formal sector loan providers.

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