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Question
__________costs of borrowing increase the debt-burden.
Solution
High costs of borrowing increase the debt-burden.
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RELATED QUESTIONS
Explain with an example, how credit plays a vital and positive role for development.
Compare formal sector loans with informal sector of loans regarding interest only.
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Majority of the credit needs of the _________ households are met from informal sources.
The following table shows people in a variety of occupations in urban areas. What are the purposes for which the following people might need loans? Fill in the column.
|
Occupations |
Reason for needing a Loan |
|
Construction worker |
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|
Graduate student who is computer literate |
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|
A person employed in government service |
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|
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Household maid |
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|
Small trader |
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|
Autorickshaw driver |
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|
A worker whose factory has closed down |
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Answer the following question.
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