question_answer14) Suppose Swapna could not repay the loan due to the failure of the crop, due to which she had to sell part of the land and repay the loan. Here, credit, instead of helping her to improve earnings, left her worse off. What is this situation called?View Solution play_arrow
question_answer17) According to data of the year 2003, rich urban households took 90% of their loans from formal sources, whereas 10% from informal sources. Poor households in the urban areas took 85% of their loans from informal sources. What do these facts indicate?View Solution play_arrow
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