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:
D. They were both examples of extremist ideologies.
Explanation:
they are often thought of as opposite
Answer: Civil Rights
Explanation:
The problem with majority rule in a nation is that it might lead to the problem known as ''The Tyranny of the Majority''. This is what happens when the majority make decisions that would benefit the majority at the expense of the minority.
Civil Rights guard against this by making sure that everyone has equal rights which means that they should be protected from decisions that might discriminate against them.
You have to go your 12 years of elementary-high-school then another 4 years in college to get your bachelors degree in teaching<span />
Answer:
e. All of the above.
Explanation:
The civil rights movement is the movement organized for the equal treatment of African American under the law and to end racial segregation directed towards them. The movement which took place in the 1950's to 1960's was joined by white Americans who believed in the principles of equality and liberty. Various laws were enacted to ensure that Black Americans could find their due place in society.
