Advertisements
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
Why is the supervision of the functioning of formal sources of loans necessary?
"Deposits with the banks are beneficial to the depositors as well as to the nation." Explain the statement
What is the basic idea behind the SHGs for the poor? Explain in your own words.
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.
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.
Why do banks or lenders demand collateral against loans?
Answer the following question.
Explain the importance of 'collateral'.