The supervision of the functioning of the formal sources of credit is necessary because the banks should not only provide loans to rich sections of society but also to poor people.
<h3>What is loan?</h3>
Loan refers to the lending of money by one or more individuals or an organization to another. It is a sum of money that one borrow from a financial institution, usually a bank or credit union for business or personal purposes.
The supervision of the functioning of formal sources of loans is necessary to check whether the banks actually maintain the cash balance. Also, the banks should follow the right procedures of borrowing and lending money.
Hence, the supervision of the functioning of the formal sources of credit is necessary because the banks should not only provide loans to rich sections of society but also to poor people.
Learn more about loans here: brainly.com/question/25599836
Answer:
False
Explanation:
The St. Bartholomew's Day massacre in 1572 is considered to be a mass assassination and mob violence on the Huguenots, also called French Calvinist Protestants during what was regarded as the French Wars of Religion. There was a belief that the Queen Catherine de Medici was behind the king's order to kill Huguenot leaders, Coligny, and the slaughters that spread across Paris. Good king Henry of Navarre did not did not die in the St. Bartholomew's Day massacre and the massacre happened in 1572 not 1672.
Al is most likely taking The Minnesota Multiphasic Personality Inventory (commonly abbreviated to MMPI).
The MMPI is a standardized psychometric examination of adult personality and psychopathology developed by the University of Minnesota.
It is used by mental health professionals for several different purposes, such as:
- screen job candidates,
- development of treatment plans,
- answer legal questions in the field of forensic psychology.
There are a few versions of the test. The MMPI-2 is made up of ten clinical scales that examine ten different types of aberrant human behavior. These are:
- Hypochondriasis - 32 items.
- Psychopathic Deviate - 50 items.
- Masculinity/Femininity - 56 items.
- Psychasthenia - 48 items.
- Schizophrenia - 78 items.
- Social Introversion - 69 items.
In conclusion, the MMPI is a common test widely used to check for several psychiatric and personality disorders, being used in a variety of contexts.
To learn more about The Minnesota Multiphasic Personality Inventory, read here: brainly.com/question/17085847
Once politically powerful in the United States, the Woman’s
Christian Temperance Union primarily opposed labor laws, prison reform, and
suffrage. The union was founded in
November of 1874 in Cleveland, Ohio and became one the largest, most
influential women’s groups during the 19th century.
