Which of the following is not an informal source of credit?*1 point(a) Money-lender(b) Relatives and Friends(c) Commercial Banks(d) Traders

To determine which of the options is not an informal source of credit, we can categorize each option based on their formal or informal status.

1. Money-lender: Typically refers to individuals or entities that lend money based on informal agreements, often with higher interest rates. This is considered an informal source of credit.

2. Relatives and Friends: Loans or credit from personal acquaintances usually do not involve formal contracts, making this an informal source of credit.

3. Commercial Banks: These are formal financial institutions that provide loans, credit, savings, and other financial services under regulatory frameworks. Therefore, they are a formal source of credit.

4. Traders: In some contexts, traders may extend credit informally, but often they operate in more formal settings as well, particularly in business transactions.

Final Answer

(c) Commercial Banks is not an informal source of credit.