Answer:
(a)
The examples are
(i) Banks are less in rural areas,
whereas the informal sources are present in all villages.
(ii) Getting a loan from banks is much more difficult than taking a loan
from informal sources, because banks require proper documents and collateral which
most of the poor people do not possess. This is true for both urban and rural
areas.
(iii) Formal sources provide loans only for productive purposes,
whereas informal sources provide credit for other purposes also.
(b) From the given statement I have learnt the values of equality
and awareness about money.
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