question_answer 1)

Fill in the blanks.   (i) Majority of the credit needs of the................. households are met from informal sources.   (ii) .................. costs of borrowing increase the debt-burden.    (iii) .................. issues currency notes on behalf of the Central Government.   (iv) Banks charge a higher interest rate on loans than what they offer on..................   (v) .................. is an asset that the borrower owns and uses as a guarantee until the loan is repaid to the lender.  

Answer:

(i) Poor   (ii) High                                  (iii) Reserve Bank of India   (iv) Bank deposit   (v) Collateral