Match the following

Matrix:

Column I

Column II
(a)
Credit
(i)
Returns
(b)
Bank
(ii)
Development
(c)
Informal Sector
(iii)
Financial Intermediary
(d)
Investments
(iv)
High-risk

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

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

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

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

answer is B.

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Detailed Solution

1)Credit is vital to boost development since a major purpose of the provision of credit is to boost economic activities like building capital, expansion of businesses, setting up of businesses, investments, etc.
2)Banks act as a formal form of financial intermediary between lenders and borrowers
3)Informal sector lending is associated with high risk due to several factors such as high-interest rates, no proper records, etc.
4)Investments are essential for the economy as it helps motivate businesses to perform and undergo expansion which helps in employing job creation, motivation for specialization, and boosts infrastructure. It contributes to overall growth and development through its returns.

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