Advertisements
Advertisements
Question
Most loans from informal lenders carry a very high interest rate and do little to ______.
Options
Do anything for the poor
Pay the loans
Increase the income of the borrowers
None of the above
MCQ
Fill in the Blanks
Solution
Most loans from informal lenders carry a very high interest rate and do little to increase the income of the borrowers.
shaalaa.com
Formal Sector Credit in India
Is there an error in this question or solution?
