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प्रश्न
__________is an asset that the borrower owns and uses as a guarantee until the loan is repaid to the lender.
उत्तर
Collateral is an asset that the borrower owns and uses as a guarantee until the loan is repaid to the lender.
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संबंधित प्रश्न
Why is the supervision of the functioning of formal sources of loans necessary?
What are the reasons why the banks might not be willing to lend to certain borrowers?
In India, about 80 per cent of farmers are small farmers, who need credit for cultivation.
Why might banks be unwilling to lend to small farmers?
In India, about 80 per cent of farmers are small farmers, who need credit for cultivation.
Why might banks be unwilling to lend to small farmers?
In India, about 80 per cent of farmers are small farmers, who need credit for cultivation.
Suggest some ways by which small farmers can get cheap credit.
In India, about 80 per cent of farmers are small farmers, who need credit for cultivation.
What are the other sources from which the small farmers can borrow?
In India, about 80 per cent of farmers are small farmers, who need credit for cultivation.
Explain with an example of how the terms of credit can be unfavourable for the small farmer.
In a SHG, most of the decisions regarding savings and loan activities are taken by ______.
Why do banks or lenders demand collateral against loans?
Answer the following question.
Explain the importance of 'collateral'.
