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The rich households are availing cheap credit from formal lenders whereas the poor households ______. -

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Question

The rich households are availing cheap credit from formal lenders whereas the poor households ______.

Options

  • Do not get a loan

  • Get loan at a much less interest

  • Have to pay a heavy price for borrowing

  • None of the above

MCQ
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Solution

The rich households are availing cheap credit from formal lenders whereas the poor households have to pay a heavy price for borrowing.

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