2. Questions Bank
  3. 10th Class
  4. Social Science
  5. Money and Credit

10th Class Social Science Money and Credit Question Bank HOTS Question - Money and Credit

  • question_answer
    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?

    Answer:

    This situation is commonly called debt-trap.


You need to login to perform this action.
You will be redirected in 3 sec spinner