Match the columns

Matrix:

Column I

Column II
(a)
Financial Formal Institution
(i)
Payment which is to be made in future
(b)
Financial Informal Institution
(ii)
The actual amount of investment
(c)
Actual Investment
(iii)
Commercial Banks, Cooperatives, Rural Banks
(d)
Deferred Payments
(iv)
Moneylenders, Landlords, Employers, Relatives, etc.

	Column I		Column II
(a)	Financial Formal Institution	(i)	Payment which is to be made in future
(b)	Financial Informal Institution	(ii)	The actual amount of investment
(c)	Actual Investment	(iii)	Commercial Banks, Cooperatives, Rural Banks
(d)	Deferred Payments	(iv)	Moneylenders, Landlords, Employers, Relatives, etc.

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a-i; b-iii; c-iv; d-v

a-iii; b-iv; c-ii, d-i

a-iii; c-iv; d-i, b-v

a-v; b-iv; c-iii; d-ii

answer is B.

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Detailed Solution

1)      Financial Formal institution: Formal sector loans are registered by the government, which follows the rules and regulations. Its primary objective is social welfare. The RBI regulates it. It usually charges low-interest rates. For getting a loan, proper documentation and collateral are required—for example, Banks and cooperatives.
2)      Financial Informal Institution: Informal sector loans are not regulated by the government, it includes small scattered units. Their primary motive is profit-making. There is no organisation for controlling credit activities. They charge a much higher interest rate than the formal sector, and repeated borrowing can lead to a debt trap—for example, Moneylenders, Workers, Merchants, Relatives or friends, etc.
3)      Actual Investment refers to the substantial Investment made by all the enterprises in the economy during a given period.
4)      Deferred Payments: Those payments made in the future are known as Deferred payments. Money has made deferred payments easier.

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